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Startup Pedia
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Flipkart, Meesho Backlashed for Selling 'Lawrence Bishnoi' T-Shirts
- Flipkart and Meesho face backlash for selling T-shirts glorifying criminal Lawrence Bishnoi
- The T-shirts bear Bishnoi's face with slogans like 'Gangster' and 'Real Hero'
- Journalist Alishan Jafri criticizes e-commerce platforms for promoting gang content and glorifying gangsters
- Meesho deactivates the products and ensures commitment to a safe shopping platform
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VC Cafe
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Finding Product Market Fit is More Than Just Checking Boxes
- Product/Market Fit (PMF) is the holy grail for startups; it’s the point where you’ve built something people want so much that they can’t imagine living without it.
- Achieving and maintaining true PMF requires balance and judgment.
- Startups in this quadrant have a strong product vision that resonates with customers and demonstrates a deep understanding of their needs and priorities.
- It’s also harder to tell the difference between fake and real PMF when it comes to revenue centric startups.
- Product-market fit (PMF) is often described as a milestone, but in reality, it’s more like discovering a hidden frequency that suddenly puts you in perfect tune with your market.
- The textbooks will tell you to look for these indicators to tell if you’ve achieved PMF:
- Magnetic Customer Retention, High retention, Your churn rate drops significantly, and when customers do leave, they provide detailed feedback instead of simply disappearing.
- Organic Growth on Steroids, Strong word-of-mouth: your users become your most passionate salespeople.
- Beyond the Checklist: The Real Signs, At the heart of PMF, is a deep understanding of the users for your product.
- Effortless Customer Conversations, When nearing PMF, conversations shift from convincing to responding to demand.
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VIE Stories
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Sustainability Trends for 2025
- Sustainability is no longer just a corporate buzzword, it’s now a critical business imperative.
- Circular economies are gaining momentum with businesses focusing on reducing waste and resource efficiency.
- Renewable energy investments will increase as companies work to achieve net-zero goals.
- ESG-linked financial products, like green bonds and sustainability-linked loans, are changing the financial industry.
- Water stewardship will be crucial for companies, especially in areas facing drought and scarcity.
- The aviation industry is under pressure to reduce carbon emissions, with sustainable aviation fuels and electric aircraft development leading the way.
- Sustainability reporting and transparency will increase as jurisdictions enact regulations.
- There is an increasing focus on social equity and treating all stakeholders fairly.
- There is a shift from single-use plastics to biodegradable and reusable materials, revolutionizing the packaging industry.
- Sustainable agriculture practices such as agroforestry and regenerative agriculture are gaining momentum.
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Eu-Startups
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Alexander Limpert, Founder and CEO of GuestReady, will speak at the EU-Startups Summit 2025!
- Alexander Limpert, Founder and CEO of GuestReady, is confirmed as a speaker at the EU-Startups Summit 2025.
- GuestReady is a leading global property management platform that transforms short-term rentals.
- Under Alexander's leadership, GuestReady has raised over $20 million in funding and expanded to over 40 cities.
- At the summit, Alexander will discuss the topic of 'Stoicism and what entrepreneurs can learn from ancient philosophers.'
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AllTopStartups
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How Great Leaders Bring People Together: 10 Ideas to Try
- Great leaders tend to be adept conveners and bring people together under virtually any circumstances.
- Effective leaders adapt to change and enthusiastically embrace it, serving as uniters who bring fellow employees along for the journey.
- Leadership is about being a uniter, bringing people together who wouldn’t normally associate with one another.
- Corporate and political leaders excel at bridging divides, implementing strategies to show authenticity, celebrating milestones and achievements, and making others feel seen.
- Authentic leaders are more effective leaders, showing their true selves and encouraging employees to do the same, while protecting those aspects they want to keep private.
- Great leaders must be comfortable leading conversations, speaking in front of crowds, and composing confident missives, but they also know they shouldn't always be at the center of attention.
- Effective leaders listen more than they speak, appearing more approachable and willing to receive feedback, questions, and even criticism, giving followers confidence that they will act on the information.
- Effective leaders are dependable regardless of the circumstances, going the extra mile for employees and maintaining team cohesion even as conditions evolve.
- Great leaders are skilled networkers not only for their own sake but for others' as well, relishing bringing people together in pursuit of shared ends.
- True leadership means going the extra mile for those around you, providing references for former employees, helping out a colleague with a weekend move, or providing counsel on personal matters.
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ISN
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Udaipur-based WeCredit joins Indian govt-backed ONDC to democratize financial services
- Udaipur-based WeCredit has joined the Indian government-backed ONDC (Open Network for Digital Commerce) Network as a Buyer App.
- The integration aims to democratize financial services by providing seamless access to borrowing and loan services through the ONDC Network.
- WeCredit will simplify the loan application process and enhance financial accessibility, aligning with ONDC's mission of fostering an inclusive digital economy.
- In addition to being a Buyer App, WeCredit will also operate as a Technology Service Provider (TSP) on the ONDC Network, supporting businesses in engaging with the platform.
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Inc42
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CarTrade Shares Touch New 52-Week High At INR 1,136.60
- Shares of CarTrade, an online auto auction platform, reached a new 52-week high of INR 1136.60.
- The stock closed at INR 1125.50, up 1.62% from the previous close.
- CarTrade reported a 509% YoY increase in net profit in Q2 FY25.
- The company's shares have surged 7.8% since the Q2 financial results announcement.
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Startupreporter
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Hon’ble Minister Shri Nitin Gadkari highlights ITS Future in the Country at TrafficInfraTech Expo 2024
- Hon’ble Minister Shri Nitin Gadkari spoke about the future of Mobility in India at Trafficinfratech Expo and Smart Mobility Conference 2024.
- The Conference discussed Smart and Safe Mobility solutions, including Vision Zero for targeting road safety and Future of ITS in India.
- ITS India Forum and South Asian University signed a Memorandum of Understanding (MoU) to bridge the skill gap in ITS and promote research, innovation, and sustainable transportation solutions.
- Geospatial World and ITS India Forum signed a MoU to improve transportation efficiency and sustainability across India using geospatial technologies.
- Technical sessions included Advanced Traffic Management Systems (ATMS), Intelligent Camera Systems, Future of Tolling, Urban Mobility Solutions, Multimodal Transport & Logistics, and Green Corridors for Ambulances.
- Akhilesh Srivastava stressed ITS India Forum’s commitment to addressing safety, affordability, sustainability, and urban congestion.
- Dr. Pooran Chandra Pandey elaborated that the collaboration between ITS India Forum and South Asian University will enter its execution phase, creating avenues for higher education programs and industry-driven research.
- South Asian University, located in New Delhi, aims to foster regional cooperation and enhance South Asia’s academic and research capacity.
- Geospatial World provides actionable insights by promoting geospatial information systems (GIS) to improve infrastructure and sustainable development.
- ITS India Forum focuses on policy advocacy, research, and innovation in the transportation sector through various initiatives, including webinars, workshops, and research projects.
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Startupreporter
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Ceratec Group & Chaitanya Developers Launch Tower 108 in Balewadi, Pune
- Ceratec Group and Chaitanya developers have launched Tower 108, a premium commercial project in Balewadi, Pune.
- The tower offers state-of-the-art office and showroom spaces, spanning over 4 Lac square feet.
- It is strategically located near key areas of the city and offers excellent connectivity.
- Tower 108 is designed with sustainability, security, and premium amenities in mind.
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Inc42
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Ola Electric Shares Fall Nearly 8% To Hit Fresh Low
- Ola Electric shares fell 7.90% today to reach a new low at INR 74.23.
- This brings the company's share price down by 53.22% from its peak in August 2024.
- Ola Electric's market capitalization has now slipped to about $3.89 Bn.
- The downward movement of the share prices is attributed to increasing complaints about the company's e-scooters.
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Economic Times
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Deep-tech startup CastNX raises ₹ 23.22 cr from Arpit Khandelwal
- Deep-tech startup CastNX has raised ₹23.22 crore from Arpit Khandelwal and Plutus Investments and Holding Private Limited.
- Arpit Khandelwal has also acquired shares through a secondary purchase from existing shareholders.
- The investment will accelerate CastNX's mission to develop energy-efficient and cost-effective power electronics solutions.
- The funds will be used to enhance research and development facilities, upgrade technological infrastructure, and establish a world-class production facility.
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Economic Times
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More testing facilities, regulatory framework crucial for space tech startups: ISpA chief
- Lack of affordable and accessible testing facilities remains a hurdle for space tech startups that could be overcome with the advent of a full regulatory framework, said AK Bhatt, director general, Indian Space Association. High costs and limited facilities have encouraged startups to conduct testing across the country creating an operational burden. Bhatt highlighted that while regulatory advancements have been made in recent years to support space startups, there is room for more initiatives. Ultimately, Bhatt noted that the country needs a space activity bill to define the regulator and cover insurance.
- India has around 200 startups with a focus on space technology, but manufacturing of critical components presents significant challenges. The Union Cabinet approved the IN-SPACe programme, which aims to support such startups with a Rs 1,000 crore venture capital fund. It will have a deployment period of up to five years. Every year, an average of Rs 150 crore to Rs 250 crore is expected to be deployed, depending on the needs of the fund and available investment opportunities.
- Bhatt also stressed the importance of increasing the share of the global space economy from 2% to 10% for India and fostering demand for space applications within various ministries. There is immense potential for the industry to grow as numerous space-focused startups like Skyroot Aerospace have sprung up recently.
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Hackernoon
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Meet Sprinto, Startups of the Year 2024 Nominee
- Sprinto is a security compliance tool for fast-growing companies, which supports major security frameworks such as SOC 2, ISO 27001, HIPAA, GDPR and PCI-DSS.
- Sprinto was founded when its creators were running Recruiterbox and found that compliance was a constant challenge that held them back. They partnered with beta customers to create a tool that made compliance feel manageable and intuitive.
- Sprinto has been nominated for HackerNoon's Startup of the Year 2024 awards in San Francisco, under the Data Privacy And Compliance category.
- Sprinto's journey to product-market fit was personal and powered by real-world insights, and it's now a platform dedicated to making compliance simple and effective.
- Sprinto’s team is as resilient as it is innovative, grounded in shared values and committed to its mission of helping businesses achieve continuous compliance.
- Sprinto's commitment to customer delight and exceeding expectations has created a platform that feels tailor-made for its users, not just functional.
- Sprinto has faced challenges but has always prioritized transparency and delivered tangible value to convert doubt into confidence and build trust in a security-driven industry.
- Sprinto's nomination is a chance to recognize its incredible team and share what they have built, learn from fellow innovators, and shape the future of the GRC space.
- Sprinto invites you to vote for them and support their vision of revolutionizing the compliance space for all types of businesses.
- With ready-to-use tools and templates, plus intelligent features such as smart workflows, adaptive automation, and AI, Sprinto provides a complete toolkit for navigating infosec risk and regulatory requirements— ensuring compliance and audits never hinder growth.
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Eu-Startups
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London-based iFAST Diagnostics secures over 5.9 million to combat antimicrobial resistance globally
- London-based iFAST Diagnostics has raised over 5.9 million in seed funding.
- The funding round was led by KHP Ventures and saw participation from new investors.
- iFAST is developing a high-throughput AST system to combat antimicrobial resistance.
- The company aims to launch its technology in the UK in 2025 and expand to other markets.
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VIE Stories
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Image Credit: VIE Stories
Veefin Acquires Singapore's GenAI Startup Walnut
- Veefin Solutions, a listed fintech firm, has acquired a 50% share in Singapore-based GenAI startup Walnut in an all-cash transaction.
- The acquisition will allow Veefin Group to assist corporate and financial clients in converting unstructured data into meaningful insights.
- Walnut plans to extend its GenAI solutions to Veefin Group's more than 500 banking, economic, and corporate clients.
- Walnut.ai, founded in 2020, leverages AI and machine learning to influence the future of companies worldwide.
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