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AppsForBharat announces first ESOP buyback worth Rs 2.1 Cr
- AppsForBharat, parent company of Sri Mandir, announces its first ESOP buyback worth Rs 2.1 crore.
- 25 employees will have the opportunity to cash out a portion of their vested stock options.
- The buyback is facilitated through a partnership with Infinyte Club, a wealth management platform.
- The move is aimed at acknowledging the hard work of team members and rewarding their contribution.
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Gritdaily
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Scott Foster Bishop Is Making a Difference in Landscape Architecture
- Scott Foster Bishop, a landscape architect and human ecologist, is making a difference in landscape architecture.
- Bishop is collaborating with environmental activist PJ Foley on a transformative project called Presidents Coast.
- The project aims to improve climate resiliency of the waterfront and create a trail network for pedestrians and cyclists in Quincy.
- Bishop emphasizes the use of nature-based solutions and sustainable design in combating climate change.
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ISN
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India Accelerator partners with Tokyo-based 01 Booster to create a pan-India startup corridor
- India Accelerator has partnered with 01 Booster to create a pan-India startup corridor.
- The partnership aims to empower startup founders in both India and Japan.
- Initiatives include business growth, cross-border co-investment, trade missions, technology exchange, and talent development.
- Leaders from both organizations express excitement about the collaborative growth opportunities.
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Gritdaily
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210
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Gift the Entrepreneurial Spirit: Unique Holiday Finds from Shopify Supply
- Shopify Supply offers unique holiday gifts that reflect the entrepreneurial spirit.
- Gift options include a Scratch-off Poster: Entrepreneur Odyssey Edition that visually represents the entrepreneurial journey.
- The Cha-Ching Button adds a playful touch to celebrate every success.
- Other options include the Shopify Counter, Get Ship Done Hat 2.0, Builder Tote, and digital gift cards.
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VIE Stories
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37
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Biggest Restaurant Chains in India for 2025
- The Indian food industry has changed due to shifting lifestyles, rising disposable incomes favourable demographics and a growing middle class.
- Entrepreneurs who realized the growth potential in this industry have made substantial investments and are now enjoying the benefits.
- The restaurant industry is growing due to the increasing popularity of dining out, especially in urban areas, and the country working population plays a vital role in its success.
- Starbucks, McDonald’s, and Domino's are the biggest restaurant chains in India, offering a range of products to the customers.
- Haldiram's is an Indian multinational company specializing in sweets, snacks, and restaurants with its headquarters located in Noida.
- Cafe Coffee Day is an Indian coffeehouse chain located in Bengaluru, Karnataka, has become a popular place for people who want more than just a drink because of its wide variety of coffee blends.
- Vadilal Industries is an Indian multinational company that specializes in ice cream and frozen food products.
- Subway is one of the most recognizable and popular food chains in India known for its delicious freshly baked bread and many topping choices.
- Burger King is a fast food chain that offers burgers, fries and soft drinks and employs cost leadership and broad differentiation strategies to stay competitive in the industry.
- Barbeque Nation is a casual dining restaurant chain that introduced the idea of barbecue at your table with live grills built into dining tables that let guests grill their own food.
- Sagar Ratna is a restaurant chain that specializes in authentic South Indian cuisine with over 100 locations across North India.
- Biryani By Kilo is a restaurant chain that serves biryani, kebabs and other dishes in different styles like Hyderabadi, Lucknowi and Kolkata.
- These restaurant chains have adapted well to changing market trends and what customers want by focusing on quality fresh ideas and customer satisfaction, making them popular with both locals and tourists.
- As the dining scene keeps changing, these restaurant chains are likely to expand and offer more options further solidifying their role in India's food culture and boosting the economy.
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Inc42
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710
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Pixxel’s Commercial Satellite Constellation To Be Launched Early Next Year
- Spacetech startup Pixxel is set to launch its commercial satellite constellation called Fireflies early next year.
- The constellation will consist of six hyperspectral satellites with more than 150 spectral bands, offering unparalleled imaging capabilities.
- Pixxel plans to expand the constellation to 24 satellites by 2025, each weighing around 50 kg.
- The data from the Fireflies constellation will have applications in agriculture, mining, environment, and more.
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Yourstory
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134
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Startup news and updates: Daily roundup (November 6, 2024)
- MOOEV Technologies raises Rs 4 Cr in seed funding to deploy electric heavy-duty trucks for the cement industry.
- Heliware secures Rs 4 Cr in pre-Series A funding to launch geospatial platforms for analysis and software development.
- Paytm introduces UPI statement download feature in PDF format for convenient expense and tax tracking.
- Lockton appoints Neha Sharma as Senior Director of People & Culture for its India operations.
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Yourstory
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298
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Inflexor Ventures raises Rs 280 Cr as first close for Opportunities Fund
- Early-stage venture capital firm Inflexor Ventures raised Rs 280 crore as the first close of its Rs 350 crore Opportunities Fund.
- The fund garnered investments from various investors including HDFC AMC Select AIF FoF I Scheme, HNIs, family offices, corporates, and institutions.
- Inflexor Ventures aims to achieve the final close of the fund by the end of this month.
- The Opportunities Fund will be allocated to maintain or increase stake in portfolio companies over the next three to five years.
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Gritdaily
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235
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5 Things You Need to Know About Bestselling Author JD Barker
- JD Barker, a bestselling author, has been making waves in the publishing world with his thrilling and unpredictable books.
- Stephen King gave him permission to use the character Leland Gaunt in his debut novel, boosting Barker's career and establishing him as a formidable voice in the thriller genre.
- Bram Stoker's family personally selected Barker to co-author the official prequel to 'Dracula,' showcasing his ability to capture gothic horror and honor Stoker's legacy.
- He has revolutionized the publishing industry with his hybrid publishing model, maintaining creative control while partnering with Simon & Schuster for distribution and marketing.
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Startupreporter
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A Deep Dive Into Integration Testing and Functional Testing in Software Testing
- Integration testing and functional testing are the two most used testing methodologies in the software development landscape, and developers can use these testing modes to spot issues and test features.
- Integration testing helps developers understand how the parts of a program work when integrated into software. This testing method is important as it ensures that all the software's different segments work smoothly.
- Functional testing is a method of software testing intended to ensure that the software being developed meets the user's needs. This method tests aspects such as functionality, interface design, data handling, and system connections to confirm that the software fulfills its intended purposes effectively.
- There are mainly 4 major testing methods used when using functional testing: Smoke testing, Regression testing, Usability testing, and System integration testing.
- By integrating functional testing with integration testing, developers can ensure an application's high quality and dependability.
- To get the most out of Integration Testing and Functional Testing, developers need to follow best practices such as Test Strategy Development, Collaborative Testing Approach, Automation Testing, Continuous Integration and Continuous Testing, and Defect Management and Reporting.
- Individual developers or a development company can easily identify the bugs in the system and fix them in the early stage of the development by employing these two testing tools - Integration Testing and Functional Testing.
- Companies can use these testing methods and advanced tools to speed up their testing procedures, enhance software quality, and achieve success.
- ACCELQ is a modern tool that can be used by developers to prioritize testing and ensure the top-quality software being developed.
- In today's highly competitive app development environment, developers need to use modern tools and prioritize testing to deliver high-quality products that perform well and satisfy users.
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Eu-Startups
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Madrid-based Webel has secured €1.4 million to support its international expansion
- Webel, an online platform for at-home services, has secured €1.4 million in funding.
- The funding will support the company's international expansion.
- Webel has successfully launched its services in London as its first international market.
- The platform aims to expand its service offerings and provide business-oriented solutions.
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SiliconCanals
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Amsterdam’s Pymwymic closes second fund at €71.5M; will back AgriFood scale-ups
- Amsterdam-based impact investment firm, Pymwymic, closes Healthy Food Systems Impact Fund II at €71.5M
- Over 250 private investors and seven institutional investors back the fund
- The fund focuses on early-stage AgriFood scale-ups in sustainable farming and regenerative agriculture
- Pymwymic aims to support companies driving the future of food
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Yourstory
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962
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Ecozen’s FY24 profit rises two fold, revenue up 57.2%
- Ecozen reported a 57.2% rise in full-year revenue to Rs 464.45 crore.
- The company's profit for the period increased by 250% to Rs 377.14 crore.
- Expenses for the period rose sharply to Rs 439.49 crore.
- Ecozen plans to expand into new segments and regions, including Africa and Southeast Asia.
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Inc42
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3.3k
Image Credit: Inc42
Inflexor Ventures Marks First Close Of Opportunities Fund At INR 280 Cr
- Inflexor Ventures has marked the first close of its Opportunities Fund at INR 280 Cr ($33.73 Mn).
- The fund will acquire the entire investment portfolio of Inflexor’s first fund, generating returns for existing investors.
- Inflexor plans to allocate part of its corpus over the next 3-5 years to maintain or increase stake in portfolio companies.
- The firm focuses on early-stage technology startups and typically invests between INR 5-20 Cr in seed to Series A rounds.
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Yourstory
1w
4.2k
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Lenskart pares losses by 84% in FY24, revenue grows 43% as opposed to being doubled a year ago
- Omnichannel eyewear retailer Lenskart reduced its losses by 84% in FY24 to Rs 10.15 crore compared to Rs 63.7 crore in the previous year.
- Lenskart reported a 43.2% growth in operating revenue, reaching Rs 5427.7 crore in FY24, up from Rs 3788.02 crore in FY23.
- The company's total expenses increased by 37%, driven by employee benefit expenses, interest payments, and cost of materials.
- Lenskart received Rs 2271.6 crore in FY24 from its international operations, indicating growth in its global expansion efforts.
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