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Startup News
Pymnts
2w
287
Image Credit: Pymnts
AI Models and Tools: OpenAI to Release an Open-Source AI Model
- OpenAI plans to release an open-source language model for the first time in years.
- The open-source model will be available in the coming months and aims to gather feedback for improvement.
- Previously, OpenAI made its models proprietary but is now taking a more open-source approach.
- Other companies, including Meta, Alibaba, Baidu, and Tencent, have also released their own AI models.
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Medium
2w
384
Image Credit: Medium
Tell your rags to riches story
- Foodstuff business, restaurant business, sale of charcoal, thrift business, farming, tech skills, and practical skills like hair making, carpentry, and installations are suggested as viable paths to entrepreneurship in Nigeria.
- To start without connection or financial support, apprenticeship and mentorship, leveraging partnerships, and seeking scholarship and training opportunities are recommended.
- Food business, especially the sale of foodstuff like palm oil, crayfish, garri, yam, etc., is lucrative and can be facilitated through social media networks.
- The importance of acquiring tech skills such as web design, graphic design, cybersecurity, coding, etc., is emphasized, with freelance opportunities available on platforms like Upwork, Fiverr, and LinkedIn.
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23 Likes
Medium
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21
Stock Market Crash 2025: Decoding the Downturn and What It Means for You
- Inflation and high interest rates are causing businesses to borrow at higher costs and making investors nervous.
- Global conflicts, trade tensions, and supply chain issues are creating uncertainty in the market.
- Worries about a global recession and economic indicators are making investors anxious.
- Tech sector valuations are high, leading to a market correction and decreased stock prices.
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Yourstory
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205
Image Credit: Yourstory
Solar energy startup Aerem glows with Rs 100 Cr Series A funding
- Solar energy startup Aerem raises Rs 100 crore in Series A funding round led by UTEC.
- Participating investors include UTEC, BII, SE Ventures, Riverwalk Holdings, Blume Ventures, and Avaana Capital.
- Funds will be used for expansion, solar financing, marketplace solutions, and product development.
- Aerem has enabled 800 MW of solar capacity, creating an ecosystem of over 2,000 installation partners in 65 cities.
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12 Likes
Medium
2w
376
Image Credit: Medium
Top Methods to Earn Cryptocurrency in 2025
- Cryptocurrency offers numerous earning opportunities in 2025 for investors, freelancers, gamers, and others, with a wide range of methods available.
- Cryptocurrency is digital money secured by cryptography and operates on decentralized blockchain networks; Bitcoin was the first cryptocurrency created in 2009.
- Earning methods in 2025 include crypto trading, mining, receiving cryptocurrency as payment for goods/services, staking, blockchain gaming, airdrops, and more.
- Crypto trading involves buying/selling digital currencies on exchanges like Binance and Coinbase, with automation tools aiding decision-making in a volatile market.
- Mining creates and verifies new cryptocurrencies through solving complex math problems, with energy consumption and hardware costs to consider.
- Accepting cryptocurrency payments is increasingly mainstream, with platforms like ClockPay facilitating crypto transactions for businesses and freelancers.
- Staking allows users to earn rewards by holding crypto to support network operations and security, with platforms like Binance Earn offering interest on deposits.
- Blockchain gaming and M2E apps reward users with cryptocurrency for in-game activities or physical movement, contributing to the growth of the gaming sector.
- Airdrops and bounty programs provide opportunities for users to receive free tokens or rewards from crypto projects by participating in specific tasks.
- Earning cryptocurrency in 2025 is more accessible, with diverse methods available for both active and passive income generation, emphasizing the importance of research and security.
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SiliconCanals
2w
207
Image Credit: SiliconCanals
AI Tool of the Week: How SpecScan uses AI to simplify and accelerate construction processes
- SpecScan is an AI platform that aims to simplify and accelerate construction processes.
- The platform quickly converts complex construction documentation into usable work packages using its proprietary AI technology.
- It offers time savings, improved efficiency, and targeted procurement process for contractors.
- Users maintain complete control over their data and the platform has plans for future updates.
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Inc42
2w
244
Image Credit: Inc42
Exclusive: Snitch’s Revenue Crosses INR 500 Cr Mark In FY25
- D2C fashion brand Snitch reported operating revenue of INR 520 Cr in FY25, a significant increase from INR 243 Cr in FY24.
- The startup's EBITDA grew almost 5X YoY to around INR 30 Cr in FY25.
- Snitch witnessed a 50% reduction in marketing costs in FY25 due to offline expansion, with 80% of sales coming from its own channels.
- It plans to launch 50 new stores and enter new product categories in FY26, while also eyeing global expansion.
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Economic Times
2w
60
Image Credit: Economic Times
ETtech Deals Digest: Startups raise $309.7 million this week; up 3.3x on-year
- Startups raised around $309.7 million between March 29 and April 4, marking an almost 3.3 times increase compared to the same period last year.
- This week, startups across seed, early, and late stages raised funds through 25 deals, compared to 75 deals in the year-ago period, when they raised a total of $92.1 million.
- Top deals for the week: 1) Spinny - closed a $131 million funding round at a valuation of around $1.7-1.8 billion. 2) Scapia - raised $40 million in a funding round led by Peak XV Partners. 3) Infinity Fincorp - raised $40 million in an extended Series A funding round led by Beams Fintech Fund. 4) Pratilipi - closed a $20 million round led by Jungle Ventures.
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3 Likes
Medium
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164
Image Credit: Medium
$0 to $3,000 in a Week: The Ultimate Work From Home Blueprint
- Making money from home is becoming more accessible in the digital era.
- Identify your skills and interests and offer services on platforms like Fiverr, Upwork, and Freelance.
- Sell digital products online through platforms like Gumroad, Etsy, and Teachable.
- Earn money through affiliate marketing or buying and reselling items online.
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9 Likes
TechCrunch
2w
324
Image Credit: TechCrunch
TechCrunch All Stage: Learn how AI can supercharge your MVPs with Chris Gardner
- Underscore VC's investing partner Chris Gardner will lead a breakout session on AI and MVPs at TechCrunch All Stage event in Boston.
- The session will focus on the benefits and limits of AI in developing minimum viable products and its impact on the human element of product construction.
- Chris Gardner, with extensive experience in fintech and other domains, will share his insights on the topic.
- TechCrunch All Stage offers a range of sessions covering various topics, including fundraising, VCs evaluation, and market assessment, among others.
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19 Likes
Eu-Startups
2w
181
Grid Edge raises €3.3 million for AI software that helps cut energy costs and carbon
- Grid Edge, a Birmingham-based company, has raised over €3.3 million in funding to expand its team and develop their AI-powered software platform for reducing carbon emissions and energy costs.
- The funding came from various investors including Midlands Engine Investment Fund II, Mercia Ventures, Centrica, bp Ventures, and private investors.
- Grid Edge's platform collects and analyzes data from multiple sources to optimize performance, reducing costs and carbon emissions by an average of 20% with a return on investment in six months.
- The company plans to onboard more businesses, increase its number of locations, and create 15 new jobs in sales, customer support, and technical roles.
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10 Likes
Inc42
2w
211
Image Credit: Inc42
Rural Fintech Startup Jai Kisan Nets INR 26.5 Cr From Existing Investors
- Rural fintech startup Jai Kisan has raised INR 26.47 Cr (around $3 Mn) from existing investors Mirae Asset, Unitary Fund, and Blume Ventures.
- Jai Kisan is a rural India-focussed neo bank that offers credit solutions in online and offline rural commerce environments.
- The startup obtained an NBFC license in 2020 and aims to offer customized credit products to farmers and business customers by partnering with leading financial institutions.
- In the fintech sector, Jai Kisan raised a total of INR 390 Cr ($50 Mn) in equity and debt as part of its ongoing Series B funding round.
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12 Likes
Alleywatch
2w
186
The Most Active Investors in NYC Startups for Q1 2025
- The New York City startup ecosystem shows continued robust investment activity in 2025, with a mix of national and local venture capital firms participating in funding rounds.
- Nineteen firms completed three or more investment deals in NYC-based startups during the first quarter of 2025.
- Y Combinator leads with nine investments, while a diverse set of investors are making strategic bets across various stages and sectors in the NYC market.
- This data provides valuable insights about the most active investors in New York's competitive startup landscape.
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Siliconcanals
2w
406
Image Credit: Siliconcanals
Denmark’s BioCirc raises €40.2M; looks to complete €134M worth of green energy projects by 2025
- Copenhagen-based circular bioeconomic company, BioCirc, has raised €40.2M in an internal fundraising round to support its projects worth €134M by 2025.
- BioCirc plans to expand the Vinkel Biogas plant in Skive to become the world's largest biogas plant and establish a 55-hectare solar park around the facility for renewable electricity.
- The company will construct five carbon capture plants in different locations to capture approximately 1 million tons of CO2 and contribute to municipal climate targets.
- Founded in 2021, BioCirc aims to displace the use of fossil energy locally and owns and operates eight biogas plants in Denmark.
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24 Likes
Startup Story
2w
411
Image Credit: Startup Story
Sweet Karam Coffee Raises $8 Mn in Series A Round Led by Peak XV Partners to Expand Product Portfolio and Global Footprint
- Chennai-based D2C snacking brand, Sweet Karam Coffee, has raised $8 million in a Series A funding round led by Peak XV Partners.
- The funds will be used to scale operations, diversify the product range, and expand the company's geographical presence.
- Sweet Karam Coffee offers a range of traditional South Indian sweets, snacks, and filter coffee, emphasizing clean and preservative-free options.
- The D2C snacking segment in India is witnessing significant growth, with the market expected to become a $300 billion opportunity by 2030.
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