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VIE Stories

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Leadership Insights from Vivek Nama: Shaping the Future of RVM Constructions India Private Limited

  • Vivek Nama, founder of RVM Constructions (I) Pvt. Ltd. has built an infrastructure company based on resilience and technical expertise.
  • RVM Constructions focuses on technically-challenging projects, building critical infrastructure for communities and the nation.
  • RVM Constructions adopts a frugal mindset, prioritising efficiency to deliver results sustainably.
  • Compliance is a core responsibility at RVM, ensuring its projects meet safety and quality benchmarks, building trust with clients and stakeholders.
  • RVM's foundation benefits from the expertise of Nama's father, Ramesh Nama, whose industry experience has shaped the company's approach.
  • RVM Constructions strives to contribute positively to society, focusing on community-oriented projects, prioritising public welfare.
  • RVM's future growth plans include diversification into new project types and technological integration, enabling sustainable expansion that aligns with company values.
  • Vivek Nama's leadership reflects a blend of vision, responsibility, and practicality, prioritising sustainable growth and socially responsible projects.
  • RVM Constructions, supported by Vivek's forward-looking vision and his father's legacy, is a contributor to India's progress.
  • As RVM considers future IPO opportunities and strategic expansions, Vivek's dedication to compliance, sustainable growth and quality will continue to shape the company's future.

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Startup Pedia

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Amazon Starts Clinic for Indian Users to Get Fast Medical Consultation

  • The American e-commerce giant Amazon has launched an online medical service called Clinic in India.
  • Users can take Amazon clinic service through its app for online consultations on over 50 medical conditions.
  • The service is user-friendly, with easy registration and options for virtual or clinical visits.
  • Clinic offers consultations with experienced doctors and has privacy measures for medical records.

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VIE Stories

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Swiggy Secures INR 5,085 Cr From Anchor Investors

  • Food delivery business Swiggy has secured a Rs 5,085 crore investment from anchor investors before its IPO.
  • Prominent funds such as Kotak MF, ICICI Prudential MF, Fidelity, Nomura, and Axis MF participated in the anchor round.
  • The IPO is open for subscription on November 6, with bids totaling 98.87 lakh shares on the first day.
  • Stay updated with VIESTORIES for more news updates on startups, funding, and entrepreneurship.

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ISN

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Easy Home Finance raises $35 million in funding led by Ranjan Pai’s Claypond Capital

  • Mumbai-based home financing firm Easy Home Finance has raised $35 million in a Series B funding round led by Claypond Capital, the family investment office of Ranjan Pai.
  • The funding round also included participation from Sumitomo Mitsui Banking Corporation's Asia Rising Fund and existing investors.
  • Easy Home Finance aims to increase its assets under management (AUM) to $300 million and expand its operational reach to more than 150 locations across India.
  • The firm has integrated technology into its mortgage services to deliver quick and seamless loan disbursals, targeting middle-income customers in the peripheries of major cities.

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Inc42

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Paytm Introduces UPI Statement Download Option

  • Paytm has introduced a new feature allowing users to download their UPI transaction statements.
  • The feature aims to assist users in tracking expenses, managing budgets, and preparing for tax filing.
  • Users can download transaction records in PDF format for any selected date range or financial year.
  • The statement includes transaction details such as amounts, recipients, timestamps, and associated bank accounts.

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Yourstory

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Easy Home Finance raises $35M in Series B round

  • Easy Home Finance, a tech-led mortgage startup, has raised $35 million in a Series B funding round.
  • The funding round was led by Claypond Capital and Sumitomo Mitsui Banking Corporation’s Asia Rising Fund.
  • The company plans to use the funding to expand its network to over 150 locations across India and grow its assets under management to over $300 million.
  • Easy Home Finance aims to digitize and simplify the home loan process, making it more accessible for everyone.

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Medium

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Top Five Automation Trends to Watch for in 2025

  • Automation is moving towards greater connectivity and integration, driven by the Internet of Things (IoT). Firms need to view automation as a strategic opportunity to achieve operational excellence and exploit future automation trends.
  • The integration of artificial intelligence, particularly machine learning, natural language processing (NLP) and predictive analytics, is about to revolutionize the industry landscape. Machine learning, NLP and predictive analytics are expected to improve industrial automation predictions on efficiency and allocation of resources.
  • Advancements in robotics include cobots or collaborative robots, and machine vision. Cobots enable increased productivity without associated risks of human-related errors. With high machine vision capabilities, robots can identify objects, recognize spatial relationships, and recognize dynamic changes in the environment.
  • Automation technology is transforming game areas in several industries, such as healthcare, finance, and retail. Many organizations are adopting emerging automation technologies such as IoT, AI and machine learning to improve efficiency. Organizations need to invest in reskilling the workforce to work with automated systems.
  • Digital transformation is reshaping the landscape of operations of most sectors with automation trends. It enables organizations to adopt advanced digital tools and platforms for easy integration of automation technologies, increasing operational effectiveness and providing substantial gains in terms of efficiency.
  • As automation technologies continue to advance, more regulatory and ethical considerations will be necessary. Automation needs to be coupled with data security and privacy regulation, with strong security measures and continuous monitoring in place.
  • Investments in automation technologies are expected to increase, with higher productivity and efficiency driven by IoT integration and innovation. In addition, collaboration between humans and machines and enhanced decision-making processes are increasingly becoming fundamental in future automation technology.
  • Automation technology presents an open plan of promise when it comes to 2025 trends in automation technology, and vigilance and adaptation are necessary for individuals and organizations to capitalize on automation to make the best use of their work.

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Startupreporter

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Pravin Saraf joins Exide as Senior President & Head of Operations

  • Pravin Saraf has been appointed as Senior President & Head of Operations at Exide Industries.
  • Pravin brings 35 years of experience from global benchmark companies like Bosch, Bajaj, and Crompton Greaves Consumer Electrical Ltd.
  • He is known for his expertise in areas such as manufacturing, quality, and supply chain management.
  • Pravin's role at Exide will focus on driving the Automation & Digitalisation Agenda in Manufacturing and Logistics.

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Startupreporter

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2 Decades of Deceramica: The House of Curated Bathrooms

  • DeCeramica, a luxury bathroom brand, has been providing precision and style for two decades.
  • They are known for their craftsmanship and stone basins that showcase the best in quality and design.
  • Through global partnerships with brands like Hansgrohe, they deliver the finest products to their customers.
  • DeCeramica offers end-to-end solutions, infusing luxury into every aspect of bathroom and living space designing.

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Startupreporter

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Secure Your Future: Some of the Best Fixed Deposit Rates in India 2024

  • Fixed Deposits (FDs) provide low risk and stable returns to Indian investors. Investors need to make informed decisions regarding interest payout options, tenure and type of FD to ensure maximum value extraction.
  • Cumulative and non-cumulative interest payout options are available for FD investments. Cumulative FDs accrue higher interest compounded over the tenure whereas non-cumulative FDs offer regular but lower interest payouts.
  • Interest rates are subject to RBI regulations and needs to be compared across banks and NBFCs before investing in FDs.
  • It's crucial to leverage the power of compounding to increase the returns on FD investments.
  • Longer tenure FDs often yield better returns due to higher interest rates. Consider balancing liquidity needs and taking advantage of higher rates on long-term FDs by splitting investments across multiple FDs.
  • Tax-saving FDs under Section 80C of Income Tax Act can provide yearly tax deductions of up to INR 1.5 Lakh. These deposits also reduce taxable income, but interest earned is taxable.
  • Senior Citizen FDs offer additional interest rates of approx. 0.25-0.50%, making them appealing options for steady income seekers.
  • Premature withdrawals of FDs come with a penalty and should be avoided. Alternately, investments can be split across multiple FDs with different maturities.
  • Reinvestment options allow maximising interest earned through the power of compounding. Always compare interest rates at maturity before reinvesting to ensure the most favourable option.
  • Make informed decisions when investing in FDs to maximise interest earnings and avoid penalties. Use an FD calculator to calculate monthly payouts or maturity amounts and plan your investments accordingly.

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SiliconCanals

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Austrian SaaS startup iDWELL secures €10M to simplify property management: Here’s how

  • Vienna-based iDWELL, a PropTech company, has secured €10M in funding from Knight Capital and existing investors.
  • The funds will be used to accelerate growth, invest in a smarter property management platform, and expand services.
  • iDWELL offers a SaaS solution that optimizes efficiency and transparency in property management.
  • The company manages over 1.5M portfolio units in Austria, Germany, and Switzerland.

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Eu-Startups

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Paris-based Axeleo Capital secures €125 million for its new Green Tech Industry fund

  • Paris-based Axeleo Capital secures €125 million for its new Green Tech Industry fund
  • Axeleo Capital announces the first closing of its €125 million Green Tech Industry I fund.
  • The fund is backed by Révolution Environnementale et Solidaire fund, Bpifrance, and FNVI.
  • The fund aims to finance innovative and resilient green technologies in Europe.

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Medium

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What’s Missing from South Africa’s Recipe for Venture Success?

  • South Africa lacks tax incentives that benefit VCs and startups with their tax burdens.
  • Digital Collective Africa is bringing conversations to the government by co-creating the South African Start-up Act.
  • SA's proposed Startup Act has the potential to make South African startups a financially viable option for global investors.
  • The Startup Act is more than just a tax act and proposes to transform environment startups operate in.
  • Physical ecosystems are necessary to develop startups, Innovation City is breeding grounds for growth and innovation.
  • VCs are playing their role in developing the ecosystem by providing key support to early stage ventures.
  • South Africa needs to follow the Brazil infrastructure finance program which created an exemplary blueprint.
  • South Africa has key areas of improvement that can attract investors and innovators to the venture ecosystem.
  • Drawing lessons from other EMs, the importance of developing the physical ecosystem cannot be understated.
  • South Africa's blockchain industry will be the industry to put it on the right path.

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Yourstory

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IPL 2025 auction to be held in Jeddah on November 24 and 25

  • The IPL 2025 auction will be held in Jeddah on November 24 and 25.
  • A total of 1,574 players will be part of the auction, including 1,165 Indians and 409 overseas players.
  • The auction will have 320 capped players, 1,224 uncapped cricketers, and 30 players from Associate Nations.
  • Key Indian players like Rishabh Pant, KL Rahul, and Shreyas Iyer come with a base price of Rs 2 crore.

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ISN

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Applied Materials VC arm Applied Ventures selects 6 startups for its fifth cohort of ASTRA

  • Applied Ventures, the VC arm of Applied Materials, has chosen six startups for its ASTRA program.
  • The selected startups are Augmentus, Cloudsek, CynLr, Distil, Syenta, and Xyma Analytics.
  • They were selected from a competitive pool of over 60 applicants.
  • The startups will receive mentorship, resources, and access to Applied Materials' global network.

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