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Startup News
Gritdaily
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ReRoute Americas Is Redesigning the Disposable Supply Chain for Enterprise ESG Compliance
- ReRoute Americas is redesigning the disposable supply chain for enterprise ESG compliance in North America's $27 billion disposable foodware market.
- ReRoute offers sustainable products and full-stack operational compliance, targeting stadiums, hotels, and institutional buyers.
- The company has a supply chain model built for accountability with direct-to-client infrastructure and AI-driven backend for predictive ordering.
- ReRoute's Sustainability Impact Dashboard provides real-time reporting on plastic reduction, carbon footprint estimates, and ESG communications, with plans to license its tech stack for future revenue.
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Gritdaily
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Startup Leaders Are Rethinking Benefits: Here’s How Retirement Plans Fit In
- Startup leaders are shifting focus from perks to purpose, with retirement plans emerging as a top benefit in high-turnover environments.
- A well-structured 401(k) or Solo 401(k) is becoming a startup's secret weapon for attracting and retaining top talent.
- Cost and complexity used to deter startups from offering retirement benefits, but modern solutions have leveled the playing field, emphasizing the importance of being intentional.
- Changes in policy, like the SECURE 2.0 Act, are providing startups with incentives to establish retirement plans, offering real financial benefits and competitive advantages.
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Medium
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291
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Launching The Art of AI Product Development
- The book "The Art of AI Product Development" is now available, offering insights on building successful AI products in an enterprise context.
- The author, with 15 years of experience in AI product development, aims to guide teams through the challenges of creating AI products that deliver value and work beyond experimental stages.
- The book provides practical advice based on real-world case studies from industries like finance, logistics, marketing, and enterprise software, emphasizing the importance of a structured approach to AI strategy and development.
- It highlights the need for a competent and deliberate approach in AI development to succeed in a fast-paced environment where the margin for trial and error is narrow.
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Inc42
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337
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Nazara Invests INR 4.74 Cr In Global Gaming VC Funds
- Nazara Technologies has invested INR 4.74 Cr in two international gaming VC funds - Play Venture Fund III and F4 Venture Fund I, focused on early-stage gaming startups.
- Play Ventures targets mobile games, AI-powered tools, and gaming infrastructure; F4 Fund backs gaming founders in various sectors from seed to Series B stages.
- The investment was made as a limited partner over 3 to 4 years, following Nazara's board approval in May 2024 for up to $2 Mn in Play Venture Fund III and up to $250K in F4 Venture Fund I.
- Nazara's recent activities include extending the timeline for acquiring a stake in esports platform AFK Gaming, avoiding additional stake purchase in Moonshine Technology, and completing the acquisition of Smaaash Entertainment.
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Inc42
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336
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Nexus Ventures Sells 1.2 Cr Shares Of Delhivery
- Nexus Venture Partners sold 1.2 Cr shares of Delhivery via block deals for INR 461 Cr.
- The shares were bought by various entities including Axis Mutual Fund, Citigroup, HDFC, Morgan Stanley, and others.
- Nexus Venture Partners steadily reducing stake in Delhivery, held 5.88% stake end of March quarter.
- Delhivery's shares have been on an upward trend, company reported net profit in Q4 FY25 after posting loss in year-ago quarter.
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Medium
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303
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How I 5x’d My Affiliate Sales Funnel with AI — Here’s What Shocked Me
- The author shares their experience of significantly increasing their affiliate sales funnel using AI technology.
- The AI platform, Amplemarket, helped optimize the author's email outreach, resulting in a 5x performance improvement and warmer responses.
- The key lesson learned was the importance of targeting the right audience and focusing on signals over spam, allowing for personalized and effective outreach.
- Amplemarket's features like Replier and Deliverability Booster aided in adapting to responses and improving email deliverability, leading to enhanced results.
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Gritdaily
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Weed® Announces Partnership with Khalifa Kush; Launches Global Commercialization
- Weed, a U.S. based IP company, partners with Khalifa Kush, founded by Wiz Khalifa, to develop and commercialize well-being lifestyle products.
- DJ Saul and Tim Hunkele from Khalifa Kush will join Weed's Board of Advisors to provide executive advisory services.
- Weed has invested in intellectual property acquisition, product development, Web3, and AI to reshape the perception of 'weed' as a symbol of happiness and well-being.
- Weed Holdings, founded in 2022, owns the trademark for the word 'Weed' and aims to create products supporting individual well-being through licensing, Web3, and AI.
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ISN
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344
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Vernacular upskilling edtech startup WsCube Tech crosses 4 million subscribers on YouTube
- WsCube Tech, a Jaipur-based vernacular edtech startup, has surpassed 4 million subscribers on YouTube, offering job-oriented digital skills in Hindi and English.
- The platform provides cohort-based courses in digital marketing, full-stack development, data analytics, and cybersecurity, blending live mentorship and practical projects.
- Founder Kushagra Bhatia emphasizes accessibility and project-based learning, with over 5,600 video uploads generating 370 million views, and monthly additions of 8 million views.
- While the YouTube channel is popular, WsCube Tech's flagship programs offer live instruction, case studies, peer networking, and personalized guidance to prepare learners for tech careers and freelancing.
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Gritdaily
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142
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Go Fund Yourself Spotlights BelliBind’s Postpartum Care and M8 Systems AgTech Innovation
- Go Fund Yourself returns with Season 2, Episode 5, showcasing two featured startups: M8 Systems in agtech and BelliBind in postpartum care.
- M8 Systems, founded in 2019, focuses on smart automation for agriculture, aiming to make automation accessible and affordable.
- BelliBind, created in 2021, offers postpartum healing products like belly wraps, emphasizing healing, empowerment, and support for new mothers.
- Go Fund Yourself combines startup pitches with equity crowdfunding, providing real investment opportunities and democratizing investing for viewers.
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Medium
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181
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Why We Invested in Loadex
- Loadex is developing an AI platform to automate dispatching tasks for large U.S. trucking fleets, increasing operational efficiencies and reducing labor costs.
- The platform provides automation for tasks like rate negotiation, load matching, and driver communication, seamlessly integrating with existing TMS tools.
- Loadex has onboarded significant fleet customers after launching in December 2024 and receiving support from various venture funds.
- With a team possessing deep domain knowledge and technical expertise, Loadex aims to address the pressing need for automation in the freight industry amidst rising costs and operational challenges.
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TechCrunch
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Suno snaps up WavTool for its AI music editing tools amid ongoing dispute with music labels
- Suno, amidst legal disputes with music labels, has acquired WavTool, an AI digital audio workstation, to enhance its editing capabilities for songwriters and producers.
- WavTool, known for tools like stem separation and AI music generation, will integrate into Suno's new editing interface launched this month.
- The terms of the acquisition remain undisclosed, with 'most' WavTool employees transitioning to Suno's teams; acquisition strategically announced amid ongoing legal battles.
- This move comes after a recent lawsuit by Tony Justice and 5th Wheel Records alleging copyright infringement by Suno, following earlier lawsuits by major music labels.
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Inc42
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320
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[Update] Net1 Applied Technologies Offloads Entire Stake In MobiKwik
- MobiKwik investor Net1 Applied Technologies sold its entire 8% stake in the company via a bulk deal, raking in INR 143.06 Cr.
- The offloaded shares were purchased by Societe General, HDFC Mutual Fund, Citi Group, among others.
- MobiKwik's shares ended the session 6.79% higher at INR 262.70 on the BSE.
- The article qualifies for a web story as it provides significant updates on MobiKwik's stake sale and stock performance.
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SiliconCanals
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121
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What’s in a Name: Fonio.ai’s founders finalised its name during a 90-minute car ride; now the AI startup records 92% revenue growth
- Fonio.ai, founded by Daniel Keinrath and Matthias Gruber in mid-2024, aims to enhance phone call experiences for SMEs with a custom AI phone assistant.
- The AI can handle calls, book appointments, and access real-time systems, garnering over 1,200 customers since its launch in September 2024.
- The company's revenue surged by 92% last month, reaching over 500,000 calls monthly, with a name decided in a brief 90-minute car ride to reflect high-tech and future expansion.
- Fonio.ai's domain name selection was crucial for its identity, ensuring availability for fonio.com or .ai and consulting legal experts to safeguard trademarks for future growth plans in Europe.
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ISN
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163
Image Credit: ISN
Delhi-based internet services firm Wiom raises $40 million in funding from BII, Accel, others
- Delhi-based internet services firm Wiom has raised $40 million in funding from Bertelsmann India Investments, Accel, Prosus, and Promaft Partners, with participation from existing investor RTP Global.
- The funding will help Wiom improve digital connectivity for India's underserved middle-income households by offering an affordable, inclusive internet access platform.
- Wiom, previously known as i2e1, operates as a licensed Public Data Office Aggregator under the government's PM-WANI framework, aiming to extend broadband access to communities with limited connectivity models.
- The company plans to use the capital to expand product development, enhance team capabilities, and scale operations to establish a more inclusive digital future.
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Pymnts
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30
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Spinwheel Raises $30 Million to Power Consumer Credit Data Platform
- Spinwheel raised $30 million in new funding to accelerate the development of its artificial intelligence capabilities for consumer credit data.
- The company aims to simplify how consumer liabilities are accessed, activated, and resolved by creating a unified infrastructure layer.
- They collaborate with various financial entities to provide real-time, verified consumer credit data using APIs.
- Spinwheel's technology focuses on two data fields, phone number, and date of birth, to offer a more comprehensive consumer credit profile.
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