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Startup News
Yourstory
1w
406
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Under wraps: Zepto silently replaces Pass with Rs 1 'Daily' programme
- Zepto is replacing its subscription service Zepto Pass with a new program called Zepto Daily.
- Zepto Daily requires an invite and a nominal entry fee of Rs 1.
- There is no clarity on the difference between Zepto Pass and Zepto Daily.
- Zepto is focusing on improving its margins and has achieved a high monthly active user base of around 45 million.
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Gritdaily
1w
162
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Krishna Raj Raja: Driving AI-Powered Customer Experience
- Krishna Raj Raja is at the forefront of reshaping customer experience using AI.
- SupportLogic, founded by Krishna, helps businesses extract customer insights from support interactions using AI.
- SupportLogic's AI-powered Support Experience platform analyzes customer sentiment to anticipate issues and strengthen relationships.
- Krishna believes in augmenting human intelligence with AI to enhance, not diminish, human connections in customer service.
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Medium
1w
42
Thoughts from My Entrepreneurial Journey — Entry 1
- Entrepreneurship is a reflection grounded in the reality of building something from nothing.
- In the chaotic world of start-ups, expectations can become walls that hinder progress.
- Failure is common in entrepreneurship, but it's the mindset and framing that determine the outcome.
- Approaching setbacks as opportunities to learn opens doors to insights and solutions.
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Medium
1w
295
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Unpacking QuantixAI: A Cutting-Edge Approach to Algorithmic Trading
- QuantixAI’s use of ARIMA and GARCH models provides a solid foundation for identifying market trends and opportunities.
- The platform’s incorporation of SVM and LSTM networks adds an extra layer of sophistication to its trading strategies.
- QuantixAI’s Ethereum-based token ensures secure, transparent, and decentralized trading.
- While there are challenges to be addressed, the platform’s focus on advanced statistical models and machine learning insights makes it an exciting development in the industry.
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Inc42
1w
68
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Tata Sons Chief Urges Group Companies To Adopt AI For Business Growth
- Tata Sons chairman N Chandrasekaran has urged the Tata group companies to embrace artificial intelligence and technology for business growth.
- Tata Electronics is one of the top ten businesses in the Tata Group in terms of revenue.
- Tata Group is at the forefront of India's semiconductor manufacturing space with plans to set up a semiconductor fab in partnership with Taiwan's PSMC.
- Chandrasekaran emphasized the importance of domestic growth and cautioned against making hasty decisions in the current volatile geo-political landscape.
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Yourstory
1w
359
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Asha Ventures bags $10M from BII to boost impact-focused investments
- Asha Ventures has secured $10 million in funding from British International Investment (BII) to boost its impact-focused investments.
- The funding brings Asha Ventures' debut fund, Asha Ventures Fund I, closer to its $91 million target.
- Asha Ventures invests in mass-market businesses operating at the intersection of social impact and commercial viability, focusing on high-growth, impact-driven Indian businesses.
- The company aims to meet gender inclusion benchmarks, with at least 30% of its portfolio dedicated to businesses that promote gender inclusion.
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Inc42
1w
81
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Juspay Secures $60 Mn To Boost Payments Infra With AI
- Fintech startup Juspay has secured $60 Mn (around INR 514 Cr) in a Series D funding round led by Kedaara Capital.
- The startup plans to deploy the fresh capital to fuel its AI capabilities and drive innovations to boost workforce productivity and merchant experience.
- Juspay is a full-stack software-as-a-service (SaaS) platform which offers digital payment gateway services.
- The startup claims to strengthen businesses with fraud prevention capabilities and optimizing operational cost.
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ISN
1w
397
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Mamaearth parent Honasa Consumer's CMO Anuja Mishra resigns; here's why
- Anuja Mishra, Chief Marketing Officer (CMO) of Honasa Consumer Limited, the parent company of Mamaearth, has resigned for personal reasons.
- Varun Alagh, the CEO of the company, will take charge as the interim CMO.
- Mishra joined Honasa Consumer in 2022 and led marketing strategies for Mamaearth, BBlunt, and The Derma Co.
- In the last fiscal year, Honasa Consumer reported a 5.9% YoY increase in revenue and a net profit of Rs 26 crore.
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Yourstory
1w
25
Image Credit: Yourstory
5 daily habits that will make you instantly stand out
- If you want to turn heads, spark curiosity, and leave a “who is that?” kind of vibe wherever you go, it all comes down to your daily habits.
- Top 5 daily habits that will instantly make you stand out: 1. Be a problem-solver, 2. Use names in conversations, 3. Add value, 4. Bring energy to routine work, 5. Take proactive follow-ups.
- People remember and respect those who bring answers, not just complaints. Using someone’s name in conversation builds instant rapport and makes interactions more engaging.
- Adding value ensures people remember you for the right reasons. Positivity is contagious, so people will notice and appreciate your vibrant presence.
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Inc42
1w
349
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Calligo Tech Pockets Funding To Build Its Second Semicon Chip
- Bengaluru-based semiconductor startup Calligo Technologies has raised $1.1 Mn (around INR 9.4 Cr) in a Pre-Series A funding round co-led by Seafund and Artha Venture Fund.
- The startup plans to use the fresh capital to build its second version of silicon chip, expand engineering talent and foster partnerships with system integrators and OEMs/ODMs.
- CalligoTech develops hardware and software products for high performance computing (HPC), big data and AI workloads.
- The company focuses on solving performance bottlenecks in computing for large-scale modeling and simulations in HPC systems.
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Inc42
1w
231
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Calligo Tech Pockets Funding To Build Its Second Silicon Chip
- Bengaluru-based semiconductor startup Calligo Technologies has raised $1.1 Mn in a Pre-Series A funding led by Seafund and Artha Venture Fund.
- The funding will be used to build the company's second version of silicon chip, expand engineering talent, and foster partnerships with system integrators and OEMs/ODMs.
- CalligoTech develops hardware and software products for HPC, big data, and AI workloads, focusing on solving performance bottlenecks in computing for large-scale modeling and simulations.
- The company aims to address computing efficiency at grass-root levels to meet the insatiable demand for computing in HPC/AI.
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Eu-Startups
1w
21
Unicorn Pennylane bags an additional €75 million for electronic invoicing
- Paris-based Pennylane has raised €75 million in funding to strengthen its position as a leading solution for European businesses and accounting firms in the electronic invoicing sector.
- The round was led by Sequoia Capital, Capital G, and Meritech, with DST also participating.
- Pennylane aims to provide integrated financial management and electronic invoicing services for SMEs and their accountants.
- The funding will be used to support the company's growth and expand their team, as well as develop additional services for businesses and firms.
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ISN
1w
14
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SME-focused Chanakya Opportunities Fund invests in Sadbhav Future Tech’s Rs 36 crore round
- SME-focused Chanakya Opportunities Fund has invested in Sadbhav Future Tech's Rs 36 crore pre-IPO round.
- Sadbhav Future Tech specializes in advanced solar technologies and provides end-to-end solutions to farmers through solar pumps.
- The company aims to impact the lives and livelihood of 1 million farmers over the next 10 years.
- The investment from Chanakya Opportunities Fund will help Sadbhav Future Tech scale its operations and enhance technological capabilities.
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Economic Times
1w
209
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Juspay closes $60 million funding from Kedaara Capital, others; valuation doubles to more than $900 million
- Bengaluru-based payment aggregator Juspay has closed a $60 million financing round led by domestic private equity fund Kedaara Capital with existing investors SoftBank and Accel participating.
- The funding round values the company at more than $900 million, doubling its previous valuation of $440 million in 2022.
- The primary funds being infused in Juspay is around $10 million, while the rest of the round facilitates secondary sales by existing shareholders to incoming ones.
- Juspay plans to advance its artificial intelligence capabilities to improve workforce productivity and merchant experience.
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Inc42
1w
112
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Apple Doubles iPhone Exports From India In March
- Apple nearly doubled its iPhone exports from India in March.
- iPhone shipments from India for the month surged to INR 20,000 Cr from INR 11,000 Cr a year earlier.
- Apple’s vendors exported iPhones worth nearly INR 1.5 lakh Cr in FY25, up from INR 85,000 Cr in the previous fiscal year.
- The March quarter alone saw iPhone exports worth INR 48,000 Cr, compared to INR 28,500 Cr during the same period last year.
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