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Eonetwork
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Why Hiring Military Spouses Is a Growth Hack for Businesses
- Hiring military spouses can solve several challenges for small to medium-sized businesses.
- Military spouses are often underemployed due to employer bias around in-person work requirements.
- Military spouses are highly educated, resourceful, and motivated.
- MilSpouses are more motivated than ever because it is by choice.
- Many military spouses are re-entering the workforce and are interested in starting slow and then scaling up their hours.
- For small businesses looking to scale expenses slowly, MilSpouses are the perfect choice.
- MilSpouse community makes it easier to find more talented employees.
- Most Military Spouses Don’t Need Health Insurance. You can leverage that budget toward marketing or other growth efforts.
- Military spouses are capable employees who will exceed your expectations, beat deadlines, and challenge ideas to drive business growth.
- This makes hiring military spouses is a growth hack for your business.
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Yourstory
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101
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India’s Golden Power Move: RBI Secretly Repatriates 102 Tonnes of Gold from London
- The Reserve Bank of India (RBI) repatriated 102 tonnes of gold from international vaults to secure its reserves.
- India's total gold reserves stand at 854.73 metric tonnes, with 60% now stored domestically.
- Historically, India stored gold abroad for liquidity and asset management purposes.
- The decision to bring gold back reflects India's desire to protect its wealth from geopolitical risks.
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Yourstory
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Traditional vs. AI-Powered Search Engines: Navigating the Future of Search
- Traditional search engines like Google and Bing remain popular due to their speed and comprehensive coverage. They index an enormous amount of data, provide reliable access to public information, and are optimised to handle massive traffic.
- Although traditional engines deliver efficient results when it comes to simple queries, they may struggle with complex and ambiguous ones. They rely on exact keyword matching and backlinks and may limit the user's ability to answer conversational or complex queries effectively.
- AI-powered search engines utilise NLP and machine learning to understand a user's intent better. They can discern nuanced and tailor-made responses more effectively and are adept in processing ambiguous queries.
- AI-powered search engine's personalised search results that adapt to user preferences and history, have shown a 72% preference rate among users.
- The major drawbacks for AI search engines are the computational resource demand, privacy concerns due to data usage, and algorithmic bias, where they can perpetuate biases present in their training data leading to skewed or controversial results.
- GPT Search stands as a promising evolution, blending the best of AI-powered capabilities with conversational depth. It offers real-time answers, interactive source links, and conversational flexibility.
- GPT Search's innovations include allowing users to click on source links directly within the chat interface and offering conversational prompts. Despite its advancements, GPT Search can sometimes produce inaccurate responses or 'hallucinated' responses, which require careful verification, particularly for professional purposes.
- The article highlights that traditional and AI-powered search engines have distinct strengths and areas for improvement. As search technology advances, striking a balance between these benefits and limitations will define the next wave of innovations in digital search.
- Legal challenges around the use of public content for AI training and rising costs are issues that search companies and their developers should address to achieve accessibility for broader audiences.
- In conclusion, both traditional and AI-powered search engines have a place in the market. Traditional search engines are excellent for straightforward queries, while AI search engines are more intuitive for complex ones. With GPT Search offering an exciting evolution of conversational depth, the next wave of innovation in digital search is sure to come.
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Yourstory
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NASA's Next Leap: A Second Mars Helicopter Soon To Take Flight After Ingenuity's Triumph
- NASA is planning to send a second helicopter to Mars, following the success of Ingenuity.
- Ingenuity made history with the first powered, controlled flight on another planet.
- The new helicopter, called the Mars Science Helicopter, will have increased payload capacity and enhanced flight range.
- Aerial exploration on Mars offers advantages such as high-resolution imaging and efficient terrain coverage.
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Startupreporter
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From Stargazer to Trailblazer – Dr. Vaishnav Shailesh Kakade’s Journey to Founding AstroBrain
- Dr. Vaishnav Shailesh Kakade, founder of AstroBrain, has had a journey driven by curiosity and a pursuit of knowledge.
- His passion for understanding the cosmos led him to develop the Quantum Relativity Concepts (QRC) theory.
- AstroBrain is a platform dedicated to making space exploration and science accessible to students worldwide.
- Dr. Vaishnav Shailesh Kakade aims to inspire young minds and reach over 10 million students through AstroBrain.
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Startupreporter
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UAE’s ADGM Welcomes CyBirb as Blockchain Security Pioneer
- CyBirb has launched operations at the Abu Dhabi Global Market (ADGM), enhancing blockchain security in the Middle East and North Africa.
- CyBirb aims to offer blockchain-specific security services, including wallet screening, smart contract audits, and real-time threat detection powered by AI.
- ADGM's pro-innovation regulatory environment provides an ideal foundation for CyBirb's growth, raising cybersecurity standards for Web3 firms in the region.
- CyBirb also aims to partner with leading institutions and technology firms to develop the UAE's blockchain infrastructure.
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Eu-Startups
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Empowering innovation: Insperanto reserves €5 million in IP grants for EU-Startups readers
- Insperanto has collaborated with EU-Startups to offer a €5 million fund dedicated to supporting readers' IP ambitions.
- The initiative provides grants for intellectual property needs, along with access to a network of global IP attorneys.
- The collaboration has already awarded 17 grants to startups within the EU-Startups community.
- Interested readers can apply for grants by filling out the quick and straightforward Application Form.
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TechCrunch
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MoradaUno wants to make it easier to rent apartments in Mexico
- MoradaUno is a proptech company based in Mexico City aiming to simplify the rental process in Latin America.
- They work with real estate brokers to screen and underwrite potential tenants, reducing the risk for landlords.
- MoradaUno offers additional optional broker services like legal and home insurance.
- The company recently raised a $5.6 million Series A round to expand its operations and plans to add more cities in Mexico.
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Inc42
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Lenskart’s FY24 Loss Declines 84% To INR 10 Cr
- Lenskart's operating revenue exceeded INR 5,000 Cr in FY24, with sales rising 43% to INR 5,427.7 Cr.
- The company generated INR 5,166.2 Cr from spectacles and eye lens sales and INR 104.5 Cr from lens fitting and membership program.
- Total revenue, including other income, reached INR 5,609.8 Cr, marking a 43% increase from the previous fiscal year.
- Lenskart reduced its net loss by 84% to INR 10 Cr in FY24 from INR 64 Cr in FY23.
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VIE Stories
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Best Electric Vehicles (EV) Startups in India for 2025
- The electric vehicle (EV) startup scene in India is growing quickly featuring a variety of innovative companies focused on changing how we travel.
- Ola Electric is an Indian company that aims to design, manufacture, and sell electric scooters and bikes.
- Ather Energy is an electric vehicle company that produces electric scooters and has created one of the fastest charging infrastructures for electric vehicles called Ather Grid.
- BluSmart Mobility has a fleet of electric vehicles like the Mahindra e-Verito, Tata e-Tigor, and Hyundai Kona Electric, for ride-sharing purposes.
- Yulu is a technology-driven mobility platform that supports integrated urban mobility by connecting public and private transport options.
- Revolt Motors is an electric motorcycle maker dedicated to making clean commuting easy for everyone in India.
- 3ev Industries Private Limited offers micro-mobility solutions tailored for hyper-local communities in India.
- Hero Electric is a top manufacturer of electric two-wheelers in India and provides a wide range of electric scooters to meet different consumer preferences.
- These EV startups are poised to transform the automotive industry and enable millions of people to benefit from clean commuting options.
- The future looks bright for Indian EV startups with ongoing support from the government and increased investments.
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Yourstory
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Swiggy IPO: Retail portion gets 54% subscription, employees subscribe 74% of allotted shares on Day 1
- Swiggy's IPO retail portion received 54% subscription on the first day.
- Employees subscribed to 74% of their allocated shares.
- Non-institutional investors purchased 6% of their allocated shares.
- Qualified Institutional buyers did not make significant bids on the first day.
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Yourstory
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Hi Encubay and inDrive Present the Women Technology Summit: Empowering, Inspiring, and Connecting India's Women Tech Leaders
- Encubay and inDrive have partnered to host the Women in Tech Summit in November 2024 at Google's RMZ Infinity office in Bengaluru, aimed at empowering women in technology through shared vision to transform India's venture landscape and spotlight women entrepreneurs in IT.
- The summit is designed to bring together thought leaders, innovators, pioneers, and gamechangers in the technology sector, acting as a platform for women to connect, share stories, discuss challenges and explore opportunities for growth.
- The event features keynote speeches, panel discussions, workshops, demos, and startup pitches, with insights on leadership, entrepreneurship, and innovation in tech.
- Notable speakers at the summit include, Shreya Bhatnagar, Principal Associate, Anthill Ventures; Archana Jahagirdar, Founding Partner, Rukam Capital; Monika Jain, Co-founder, Presto Apps; Alysha Lobo, Global Marketing Manager, Rapyuta Robotics; Isabella Ghassemi-Smith, Head of Awards, Aurora Tech; Neha Singh, Co-founder and CEOTracxn; Deeksha Ahuja, Founder, Encubay and Avneet Kohli, Founder, Encubay.
- A major highlight of the event is the Aurora Tech Award, a prestigious global prize from inDrive with an impressive $30,000 prize fund for women-led IT startups with groundbreaking impact.
- The platform also gives women innovators in tech startups a chance to showcase their prototypes and gain recognition on the global stage.
- Women need additional support to bridge the gap in tech and entrepreneurship and build a community of women leaders, and the Women in Tech Summit aims to provide the tools and resources they need to thrive in the tech industry.
- India ranks 57 out of 65 for women’s entrepreneurship globally, with only 2.16% of women actively participating in early-stage entrepreneurial activities, according to a report by Access Publications.
- Less than one-third of the tech sector employees are women, according to an article by PricewaterhouseCoop.
- Women entrepreneurs employ 10% of workers in India, yet women’s talent and potential continues to shine bright despite the obstacles.
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Startupreporter
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Aurawick.com Launches Premium Handmade Luxury Candles, Sold Out in First 48 Hours
- Aurawick, a luxury brand specializing in premium handmade candles with unique patterns and reusable bar range glassware and their Aurawick grain candles, have taken the luxury home decor market by storm.
- With every product handcrafted to perfection, Aurawick's candles introduce an air of elegance that's set to redefine interior aesthetics.
- After an overwhelming demand, the first stock sold out almost immediately, capturing the attention of style-conscious individuals looking to elevate their spaces with exceptional quality and artistry.
- Aurawick's success is built on its commitment to quality and design. Each candle in the collection is crafted from the finest eco- friendly materials, using only the best certified soy wax in industry and infused with high-grade fragrances keeping to its true to nature which is simply a dedication to artistry and originality.
- The Aurawick bar glass collection features stunning and unique pieces like wine glass candles and whiskey glass candles as well as beer glass candles. They are poured into reusable, bar-quality glassware that extends the product's life long after the wax has melted.
- What sets Aurawick candles apart is not just their enchanting fragrances or their designs but the commitment to eco-conscious luxury. Each candle is presented in reusable bar-quality glassware embodying versatility, adding significant value to the purchase.
- The response to Aurawick's launch was unprecedented. Within just 48 hours of going live, the entire collection sold out, reflecting a demand for products that combine quality with distinctive design.
- Aurawick candles and Aurawick grain wax are made from the finest materials which ensures a clean, even burn and a lasting fragrance. The reusable bar-quality glassware not only gives an upscale touch to each candle but also doubles as a functional piece long after the candle has been used.
- By purchasing from Aurawick, customers are not only investing in a high-quality product but also supporting a small business that values artistry and sustainability.
- Aurawick candles serve as an easy yet impactful way to add a touch of sophistication and transform any space. Discover the transformative effect of luxury candles with unique patterns and alluring scents for your home or office.
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Startup Pedia
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“They just kept staring,” Zomato Founder Reveals Customer Reactions When He & Wife Grecia Munoz Delivered Orders
- Zomato founder Deepinder Goyal and his wife Grecia Munoz delivered orders as Zomato delivery agents.
- Customers were surprised to see the founder personally delivering their meals.
- NR Narayana Murthy and Sudha Murty shared insights into their 47-year-long partnership.
- The couple emphasized the importance of communication and compromise in maintaining a healthy relationship.
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Yourstory
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Image Credit: Yourstory
Why office work boosts mental health over remote work
- Office work boosts mental health over remote work due to several factors
- Social connection: Office environments provide face-to-face interactions, fostering camaraderie and community, while remote work can be isolating.
- Structured environment: Offices offer a clear separation between work and home life, supporting routines beneficial for mental health, while remote workers struggle with work-life balance.
- Access to resources: Offices provide immediate support, resources like wellness rooms, on-site counselors, and the presence of colleagues for quick problem-solving, while remote workers may feel disconnected from these resources.
- Team synergy and motivation: The collective energy of an office environment boosts morale, productivity, and a shared sense of purpose, which remote employees often miss out on.
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