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Startup News
Hackernoon
1w
0
Image Credit: Hackernoon
Meet Acclivity Agency: Startups of The Year 2024 Nominee
- Acclivity Agency has been nominated in HackerNoon's Startups of The Year 2024 awards in Ottawa, Canada under the Business category.
- The company's interactions with clients are strategist-led, offering more value and a different perspective than traditional agencies.
- Acclivity Agency is female-owned and operated, bringing a valuable perspective to the industries they serve.
- The agency leverages various techniques like SEO, PR, and events to achieve marketing objectives for clients.
- Acclivity Agency follows high transparency standards in their interactions with clients and focuses on producing measurable impacts.
- Participation in events like HackerNoon’s Startups of The Year showcase businesses that value work-life balance, flexible work, and prioritize professional development.
- The company plans to focus on its own marketing and establish its brand in the future.
- AI is a trend that the company is stoked about and believes will not take jobs that require human translation and innovative thinking.
- The shift towards relationships is a positive trend. People want more connection and less empty content.
- Acclivity Agency encourages readers to vote for the company in the Startups of The Year 2024 awards.
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TechCrunch
1w
371
Image Credit: TechCrunch
What the Chainsmokers bring to the cap table for cybersecurity startup Chainguard
- The Chainsmokers were prominent investors in the cybersecurity startup Chainguard.
- Chainguard CEO, Dan Lorenc, discusses the value of celebrity investors and how they can add value to a startup.
- They also discuss navigating market timing after the SolarWinds attack, fundraising challenges, and pitching the value of the product to CISOs and CFOs.
- MANTIS, the venture fund by The Chainsmokers, adds unique value to Chainguard as they scale and differentiate themselves in the security tech market.
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Medium
1w
25
Image Credit: Medium
Please welcome Symbiotic Security, the first real-time security platform for software development
- Symbiotic Security is the first real-time security platform for software developers.
- It integrates security testing and training directly into the development process.
- Symbiotic provides real-time feedback on potential security vulnerabilities as developers write code.
- The platform aims to empower developers to take an active role in security.
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Inc42
1w
190
Image Credit: Inc42
Easy Bags $35 Mn To Offer Mortgage-Backed Loans To Home Buyers
- Lending tech startup Easy Home Finance has raised $35 Mn in a Series B funding round.
- The funding round was co-led by Claypond Capital and Sumitomo Mitsui’s Asia Rising Fund.
- The company plans to expand its assets under management (AUM) to $300 Mn and grow its network to over 150 locations in India.
- Sumitomo Mitsui’s India mortgage arm, SMFG India Home Finance Company, will collaborate with Easy Home Finance to bring affordability and innovation to India’s housing market.
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Npengage
1w
105
Image Credit: Npengage
6 Best Practices for Increasing Engagement with Digital Impact Reports
- To increase engagement with digital impact reports, it is important to make the reports web-based and interactive.
- Track engagement metrics to assess the performance of the report and identify areas for improvement.
- Meet donors where they are by optimizing the report for mobile responsiveness.
- Tell compelling stories through personal testimonies, quantitative data, and visuals.
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Gritdaily
1w
25
Image Credit: Gritdaily
Alfred Indome Is Transforming Supply Chains to Empower Minority-Owned Businesses in America
- Alfred Indome, a supply chain expert and the founder of Acumen Logistics, is empowering minority-owned businesses in America's supply chains.
- He helps these businesses overcome barriers to growth and aims to create a more robust and inclusive economy.
- Indome focuses on optimizing supply chain processes through audits, training programs, and AI-powered solutions.
- Supporting minority-owned businesses brings fresh perspectives, drives innovation, and benefits the entire industry.
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Yourstory
1w
304
Image Credit: Yourstory
Deeptech robotics startup CynLr raises $10M in Series A funding
- Deeptech robotics startup CynLr has raised $10 million in Series A funding.
- The funding round was led by Pavestone and Athera Venture Partners.
- CynLr plans to double its workforce to a 120-member global team.
- The company aims to enhance hardware reliability and software performance while reducing costs for customers.
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Geek Wire
1w
325
Seattle breaks into top 3 in new ecosystem ranking for early stage software startup funding
- Seattle ranked third in the software-as-a-service category among U.S. ecosystems for early stage funding.
- Seattle's software clout is getting a boost from the AI boom, with Microsoft and Amazon powering much of the cloud computing infrastructure.
- The region has a significant percentage of AI engineers in the U.S. and has seen several AI-related startups raising capital and getting acquired.
- Overall, Seattle ranked fifth in total funding among U.S. ecosystems, showing improvement compared to previous years.
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Yourstory
1w
215
Image Credit: Yourstory
Swiggy raises nearly $605M from anchor investors; domestic institutional investors lead
- Food delivery platform Swiggy has raised Rs 5,085 crore ($605 million) from anchor investors ahead of its $1.35 billion IPO.
- The pre-IPO funding was raised from over 75 anchor investors, with participation from domestic and international investors.
- Domestic institutional investors, including mutual funds and insurance companies, comprised 56% of the anchor book.
- Swiggy's IPO consists of a fresh issue of 11.54 crore equity shares and an offer for sale of 17.51 crore equity shares.
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ISN
1w
76
Image Credit: ISN
Lawrence Bishnoi t-shirts listed for sale on Meesho; Company removes them after facing backlash
- Listings of T-shirts featuring gangster Lawrence Bishnoi on Meesho sparked backlash.
- Alishan Jafri highlighted the T-shirts on social media, criticizing the glorification of a criminal figure.
- Netizens expressed outrage and criticized Meesho for allowing such products on its platform.
- Meesho responded by stating that they have removed the controversial T-shirts.
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Startup Pedia
1w
393
Image Credit: Startup Pedia
OpenAI CEO Altman Says to Focus on Talent Over Experience While Hiring
- OpenAI CEO Sam Altman emphasizes the importance of talent and value over experience when hiring candidates.
- Altman believes that focusing solely on one age group for hiring is misguided and suggests a balanced approach.
- Recent graduates face challenges in finding tech positions despite prestigious degrees and internships.
- Middle-aged tech workers feel vulnerable to layoffs due to being 'aged out' of roles, while Gen Z employees face negative stereotyping.
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Medium
1w
16
Image Credit: Medium
What’s scarier to a founder than running out of funding?
- Founders often hesitate to reach out to their customers.
- Customer conversations are one of the most powerful tools for growth.
- Customer insights uncover challenges, frustrations, and needs that surveys and analytics tools cannot capture.
- Approaching customer research involves digging deep, listening for gaps, and validating assumptions.
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TechCrunch
1w
25
Image Credit: TechCrunch
Swiggy IPO nets $606 million from institutional investors
- Indian food delivery and quick commerce startup, Swiggy, has raised $606 million from anchor investors as part of its $1.35 billion IPO.
- The startup received bids worth $15 billion for the $600 million portion.
- Indian institutional investors received about 56% of the overall anchor allocation.
- Top investors include BlackRock, Fidelity, Norges Bank, BNP Paribas, HSBC, Nomura, Jane Street, Citadel, Motilal Oswal, Kotak, 360One, as well as mutual funds and insurance units operated by Indian lenders SBI, ICICI, Kotak, and HDFC.
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Inc42
1w
33
Image Credit: Inc42
PB Fintech Posts Fourth Profitable Quarter In A Row, Revenue Soars 43% YoY
- PB Fintech reported a net profit of INR 50.98 Cr in Q2 FY25, compared to a loss in the previous year.
- The company's revenue from operations increased by 43% YoY to INR 1,167.2 Cr in Q2 FY25.
- The core online business contributed INR 767 Cr to PB Fintech's operating revenue in Q2 FY25.
- PB Fintech's total expenses increased by more than 30% YoY in Q2 FY25.
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ISN
1w
33
Image Credit: ISN
Consumer Commission orders Ola Electric to refund Rs 1,63,986 to customer—Here's why
- The District Consumer Disputes Redressal Commission in Ranga Reddy, Telangana, has ordered Ola Electric to refund Rs 1,63,986, along with interest, and pay Rs 10,000 in compensation to a customer over a defective electric scooter.
- The customer reported persistent issues with the Ola S1 Pro scooter, including a faulty charger and unresolved battery issues rendering the vehicle unusable since August 2023.
- Ola Electric failed to respond to the customer's legal notice and attend hearings, leading to the commission ruling in favor of the complainant, citing service deficiency by Ola.
- Last month, Ola Electric received a Show Cause Notice from the Central Consumer Protection Authority for alleged violations of consumer rights and misleading advertisements.
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