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Startup News
Eu-Startups
2w
386
Building a unicorn? Start here: Four principles every founder should know
- Success in building a unicorn is about focus, not resources, team size, or idea innovation.
- Key principles: start with a clear idea, prioritize, and avoid spreading resources thin.
- Example: Miro's success started with improving whiteboard communication as their core idea.
- Building an aligned team is crucial for execution; misalignment can lead to failure as seen in a startup story.
- Misalignment at the leadership level led to a promising startup's failure due to building a complex product and losing market focus.
- Not every client request should be implemented to avoid diluting efforts.
- Adding unnecessary features due to client requests can lead to competition with established players.
- Focused communication is essential, as technological advancements have increased market saturation.
- Clarity and consistency in communication across all contexts are critical for a startup's success.
- Maintaining focus is a skill that requires strategic decisions and saying no to opportunities not aligned with the core vision.
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Gritdaily
2w
131
Image Credit: Gritdaily
The Importance of Rigorous Research in Lice Treatment Products
- Dealing with head lice is a common challenge for many families, and Schooltime emphasizes the importance of rigorous research in developing effective lice treatment solutions.
- Extensive research is crucial for understanding lice biology, behavior, resistance patterns, and the lifecycle of lice, which includes eggs, nymphs, and adults.
- Rigorous research helps in identifying effective ingredients and treatments while considering children's health and safety, especially in the face of lice resistance to common over-the-counter products.
- Schooltime focuses on non-toxic solutions by using natural ingredients like coconut oil and botanical extracts, ensuring products are safe and gentle on children's scalps.
- Real-life examples, like Sarah's experience with Schooltime products, underscore the impact of research in achieving successful lice treatment outcomes.
- Education and awareness are key components in lice prevention, with Schooltime providing resources on effective prevention and treatment methods, contributing to healthier school environments.
- Advancements in technology and biological understanding drive future innovations in lice treatment, with Schooltime committed to integrating cutting-edge research into product development.
- Community involvement and sharing knowledge can help combat lice infestations and reduce stigma, ensuring no child feels isolated due to head lice.
- Schooltime's dedication to research and safety standards ensures their products are effective and safe for regular use, supporting families in maintaining lice-free hair.
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ISN
2w
1.1k
Image Credit: ISN
Delhi-based electric taxi startup Evera Cabs raises $4 million in funding
- Delhi-based electric taxi startup Evera Cabs has secured $4 million in funding from Mufin Green Finance Pvt. Ltd. through convertible debentures and debt.
- The funding will fuel Evera Cabs' efforts to enhance sustainable urban mobility by expanding its electric vehicle fleet and serving both business and individual commuters.
- Founded in 2019, Evera Cabs is a part of Prakriti E-Mobility and focuses on clean-energy transportation infrastructure.
- Nimish Trivedi, the Co-founder and CEO, highlighted the strategic partnership with Mufin Green Finance as pivotal in scaling sustainable electric mobility in India.
- The startup stands out by providing app-based cab services with a no-cancellation, no-surge pricing model, mainly in the airport transit sector.
- Evera's services cover all terminals at Delhi airport for individual customers and cater to corporations seeking to comply with carbon reduction goals.
- Evera acquired 500 electric cabs previously under BluSmart's operations following BluSmart's operational halt in key metro markets, enhancing its fleet management.
- The integration of BluSmart's driver network and vehicles positions Evera to set new standards in reliable and eco-friendly urban transportation.
- Prior to this funding, Evera had raised $7.14 million in seed funding, and this new investment is intended to strengthen its position in Delhi's electric cab market and pave the way for expansion.
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Gritdaily
2w
134
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Scaling Success: How Monica Mahoney Built a Sales Career from the Ground Up
- Monica Ann Mahoney has established herself as a prominent figure in the sales industry through her resilience and achievements.
- Despite not having a college degree, Mahoney's career progression showcases her dedication to learning and adaptability.
- She embarked on her career journey at Frito-Lay in 1991 and has since held various roles in companies like Colgate-Palmolive and Merck Consumer Care.
- In 2015, Mahoney joined Simply Good Foods Co. as a customer development manager and has progressed to the role of Vice President of Sales.
- Under her leadership, the Walmart/Sam's Club business she manages has tripled in value over the past 5 years.
- Mahoney's responsibilities include driving thought leadership, developing strategic plans, and fostering relationships to promote growth.
- She has received awards for her professional excellence and is actively involved in charitable endeavors within her community.
- Aside from her career, Mahoney engages in civic activities and is a member of NextUp, a nonprofit supporting executive women in business.
- Her future plans involve expanding her mentorship roles and further contributing to Simply Good Foods Co. while continuing her involvement with NextUp.
- Monica Mahoney remains dedicated to making a significant and lasting impact through her leadership and mentorship efforts.
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Gritdaily
2w
256
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Ashley Keiber: Leading the Way in Artisan Baking
- Ashley Keiber, owner of The Rolling Pin Artisan Bakery and Café, has successfully capitalized on the growing demand for fresh, high-quality, locally sourced food.
- Keiber blends her passion for baking with a commitment to wholesome, freshly made goods, earning recognition in her community.
- Her journey to entrepreneurship was shaped by her academic background and experiences in various bakery roles.
- Before starting her business, Keiber gained valuable experience working in pastry and bakery management.
- The Rolling Pin focuses on offering fresh bread with minimal processing, meeting the demand for natural, additive-free products.
- Keiber's bakery in Wapakoneta is known for its artisan breads, pastries, and baked goods made with simple, fresh ingredients.
- She emphasizes work-life balance and creating a positive environment for her employees.
- Keiber's dedication to her team and using no preservatives sets her bakery apart.
- With the help of her father, Timothy, Keiber renovated The Rolling Pin and built custom furniture for the bakery.
- The Rolling Pin was awarded Emerging Business of the Year by the Wapakoneta Chamber of Commerce in 2024.
- Keiber plans to continue growing her business and providing high-quality goods to her community.
- Her commitment to excellence and passion for baking position her as a significant figure in the artisanal bakery industry.
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Inc42
2w
104
Image Credit: Inc42
MyGate Elevates Rohit Jindal To Cofounder
- MyGate, a community and security management startup, has named Rohit Jindal as a co-founder, as announced by co-founder Abhishek Kumar.
- Jindal, who joined MyGate in 2017, has previously held leadership roles at Practo, HSBC, and Citibank India.
- The startup, founded in 2016, offers tech-driven security solutions for gated communities and competes with Gate Keeper, NoBrokerHood, and JioGate.
- MyGate's revenue model includes a software-as-a-service subscription model, and it aims for profitability in FY25 after reducing cash burn and reporting revenue growth in FY24.
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Gritdaily
2w
317
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Alicia Tappan: Leading a Movement Toward Survivor-Led Change
- Organizations are increasingly involving survivors of human trafficking in leadership roles for guidance and solutions.
- Alicia Tappan, a survivor of sex trafficking, is a prominent voice advocating for survivor-led change in supporting survivors.
- As the CEO of Survivor-Led Solutions, Tappan is pioneering systems that prioritize survivor voices in leadership positions.
- Tappan launched Survivor-Led Solutions in 2023 to provide leadership development and training for organizations serving survivors.
- She is also releasing a book, 'Innocence Interrupted,' which serves as a curriculum for those working with survivors.
- Tappan's work has been nationally recognized, earning her awards and accolades for her impactful advocacy.
- She attributes her success to her family's support and prioritizes self-care through routines and hobbies like painting and yoga.
- Tappan is pursuing a Ph.D. in forensic psychology, working on a Global Survivor Leader Certification Program, and aims to establish a survivor drop-in center.
- Her mission emphasizes the importance of changing the narrative around human trafficking through survivor-led initiatives.
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Eu-Startups
2w
352
Swedish Norrsken Foundation commits €300 million to back the future of ‘AI for good’ in climate, health, food, education and society
- The Norrsken Foundation based in Stockholm will invest €300 million in European startups using 'AI for good' to address challenges in climate, health, food, education, and society.
- The funds will be sourced from Norrsken VC, Accelerator, and Launcher, with criteria aligned with UN Sustainable Development Goals.
- Norrsken VC, part of the Norrsken Foundation, was founded in 2017 by Klarna Co-founder Niklas Adalberth to support purpose-driven entrepreneurs in tech sectors.
- The initiative aims to fund startups using AI to tackle societal issues and deliver measurable positive impacts.
- Norrsken emphasizes the need to address urgent problems like environmental issues and sees AI startups as significant drivers of change.
- They believe that the next successful companies will not just be technologically advanced but also focus on solving pressing global challenges.
- AI startups attracted €94.8 billion in funding in 2024, with Norrsken emphasizing the need to invest in solutions for urgent challenges.
- The Norrsken team warns that many AI startups may face challenges due to short-term hype and failure to address real-world problems.
- Norrsken highlights the potential of AI in optimizing energy grids, drug development, early illness detection, and more.
- Startups in Norrsken's portfolio like Juna.ai, Quadrivia, Submer, and Evroc are pioneering in areas such as industrial efficiency and healthcare transformation.
- These ventures are seen as part of a broader movement that could revolutionize various industries.
- Norrsken Foundation's commitment aims to drive AI innovation that positively impacts climate, health, food, education, and society.
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Gritdaily
2w
252
Image Credit: Gritdaily
Peter N. Mahmood: Bridging the Gap Between Military Service and Civilian Careers
- Peter N. Mahmood is a military relations manager at Cox Enterprises, dedicated to connecting the military community with civilian career opportunities.
- His military background with three combat deployments in Iraq and civilian roles at Cox Enterprises reflect his commitment to supporting veterans.
- Mahmood has been instrumental in turning Cox Enterprises into a military-friendly employer, receiving accolades for their support to military veterans and spouses.
- He believes in developing a strong personal and online presence to reach job seekers effectively, offering advice to aspiring leaders in the field.
- In the future, Mahmood plans to expand his impact by hosting podcasts and creating webinars to guide the military community towards civilian career success.
- His deep personal connection to military transition, driven by his wife's journey, fuels his mission to support military families in their career transitions.
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Economic Times
2w
164
Image Credit: Economic Times
IndiaBonds raises Rs 32.5 crore from individual investors
- Online bond investment platform IndiaBonds raises Rs 32.5 crore ($3.77 million) in its first external funding round from individual investors.
- The funds will be utilized to enhance the digital platform and promote fixed-income investing in India.
- The company founders plan to utilize the capital for scaling up and seek institutional funding next year.
- IndiaBonds, founded by Vishal Goenka and Aditi Mittal in 2021, is registered with SEBI as an online bond platform provider.
- The platform allows retail and institutional investors to invest in various fixed-income products.
- The investment comes at a time of rising interest in bonds, with several fintech platforms like Stable Money and Groww focusing on bond investments.
- IndiaBonds introduced a bond yield calculator in 2022 to assist investors in pricing and yield calculations.
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Gritdaily
2w
295
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Brooke M. Odle, PhD, Connects Classroom Learning With Real-World Impact
- Dr. Brooke M. Odle, assistant professor of engineering at Hope College, emphasizes real-world impact in biomedical engineering.
- Her academic background includes degrees in bioengineering and biomedical engineering with a focus on spinal cord injury research.
- She shifted her focus to computational modeling at the postdoctoral level to help individuals with spinal cord issues stand and maintain balance.
- Dr. Odle expanded her research to caregiver safety, aiming to prevent injuries to caregivers when lifting patients.
- She implements wearable sensors to provide feedback for healthcare professionals during physical tasks.
- Known for her hands-on teaching style, Dr. Odle mentors students at Hope College, providing them with valuable research opportunities.
- She attributes her passion for learning to her family of educators and emphasizes the importance of mentorship.
- Dr. Odle plans to integrate engineering research with Hope College's nursing program to provide students with practical clinical experience.
- She aims to secure funding for more labs and tools to enhance students' learning experiences.
- Dr. Odle's dedication to empowering students with practical experience ensures their success in various career paths.
- Her achievements include serving as the secretary of the Northeast Ohio Professional Chapter of the National Society of Black Engineers.
- She actively mentors students and postdocs in the American Society of Biomechanics to give back to the community.
- Dr. Odle's faith has played a significant role in her academic pursuits and community service endeavors.
- Her focus on real-world impact and mentorship defines her version of success.
- Through her research and teaching, Dr. Odle continues to shape students and contribute to advancements in biomedical engineering.
- Eligible for Web Story: true
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ISN
2w
2.2k
Image Credit: ISN
Bengaluru-based integrated business-payments platform Pazy raises Rs 6 crore in funding
- Bengaluru-based Pazy, an integrated business-payments platform, secured Rs 6 crore in funding in a pre-seed round led by Inuka Capital and Gemba Capital.
- The funding will be used to enhance product capabilities, deepen ecosystem integrations, and aim to manage Rs 10,000 crore in annual spend within a year.
- Founded in 2023 by Pratik Chhajed and Devyanshu Shukla, Pazy focuses on managing non-payroll payments like vendor payouts and tax transactions on a unified platform.
- Pazy integrates segments to assist finance teams in processing invoices swiftly, reclaiming more input tax credit, and reducing human errors.
- Pratik Chhajed, CEO of Pazy, envisions creating a cohesive product that unifies all business transactions for greater operational clarity, control, and efficiency.
- The funding will support Pazy in scaling annual managed spend to INR 10,000 crore in the next year, aiming to streamline clients' financial operations.
- Gautam Shewakramani from Inuka Capital highlighted Pazy's strategic position in B2B payments, addressing compliance and user experience demands with over INR 3,000 crore in processed invoices and a 90+ Net Promoter Score.
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TechSpark
2w
73
Silicon Gorge Profiles: Integrevise
- Integrevise assists universities in modernizing student assessment through a smart oral exam tool.
- Their Digital Viva tool uses AI to ensure academic integrity and reduce cheating.
- By focusing on oral assessments, Integrevise aims to make assessments fairer and more inclusive.
- The company is raising £500,000 to expand its services and enhance student progress tracking.
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Gritdaily
2w
134
Image Credit: Gritdaily
Bryan Hindman: Revitalizing Communities Through Real Estate Projects
- Bryan Hindman, a real estate and property management professional, is known for revitalizing communities through real estate projects.
- He co-owns Archway Properties with his brother since 2023, focusing on building the business in Oklahoma.
- Hindman has been recognized by Marquis Who’s Who for his expertise in real estate.
- He holds bachelor’s degrees in leadership, business administration, and human resource management from Oklahoma Wesleyan University.
- Hindman started his career at Grace Community Church and worked as a regional operations manager at Select Commercial Services.
- In 2012, he founded BJH Assets LLC and ventured into residential housing before joining Affinity Properties as a general manager.
- Affinity Properties merged with another company to form Archway Properties, where Hindman expanded his role in real estate and facilities services.
- While working at ConocoPhillips, he managed logistical operations and facility management in addition to operating his own companies.
- Hindman is actively involved in civic organizations and volunteers for causes related to equality, education, and community development.
- He is passionate about teaching life and business skills to students and dedicates time to various charitable activities.
- One of Hindman’s significant projects involved acquiring and revitalizing a neglected 1912 courthouse, focusing on community service.
- Hindman plans to continue revitalizing neglected properties with a vision for community growth.
- His goal is to create spaces that foster love and hope within communities.
- Hindman's efforts demonstrate his commitment to combining real estate with community development and revitalization.
- He aims to create welcoming and uplifting environments in shared spaces.
- Bryan Hindman's story highlights his dedication to building community through real estate projects and civic engagement.
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Inc42
2w
262
Image Credit: Inc42
Meet The 10 Indian Startups Selected For WEF’s Tech Pioneers
- Ten Indian startups, including Digantara, Agnikul Cosmos, and The ePlane Company, have been selected for WEF’s 2025 Technology Pioneers cohort.
- The Technology Pioneers program by WEF comprises 100 early-stage companies from 28 countries driving innovation globally.
- This year’s selection showcases breakthrough innovation in smart robotics, spatial AI, flying taxis, and quantum technologies.
- The Indian startups featured in the list span spacetech, robotics, AI diagnostics, clean energy, and urban air mobility.
- The startups will contribute to WEF initiatives through a two-year engagement programme.
- India and China jointly follow the US in the number of startups selected for the 2025 list.
- The 2025 edition marks the 25th anniversary of the Technology Pioneers program, which has recognized over 1,200 startups since 2000.
- The 10 Indian startups cover sectors like spacetech, deeptech, healthtech, enterprisetech, and cleantech.
- These startups have garnered support from investors like Celesta Capital, Prosus Ventures, Lightspeed India, and others.
- These Indian startups aim to address pressing global challenges through innovative technologies.
- The Indian startups selected for WEF's Tech Pioneers are diversified across various sectors and have strong investor backing.
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