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Startup News
Eu-Startups
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Austrian TravelTech startup chatlyn raises €8 million to develop the “AI brain for hotels”
- Vienna-based chatlyn secures €8 million to become “the AI brain for hotels”.
- AI communication hub aims to optimize hotel operations and enhance guest services.
- Chatlyn's platform integrates real-time translation, automation, and property management systems.
- Funding to drive product innovation, geographic expansion, and team growth for chatlyn.
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ISN
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175
Image Credit: ISN
Harsh Jain's Dream11 enters casual real money gaming segment with Dream Play
- Dream Sports, the parent company of fantasy sports unicorn Dream11, has entered India's casual real-money gaming market with the launch of Dream Play, a new gaming platform.
- Dream Play, available on the Google Play Store and App Store, currently offers Carrom with plans to introduce Pool and other titles. It features various modes, including Classic and Freestyle Carrom, and hosts large-scale contests for cash prizes, putting it in competition with established players like MPL, WinZO, Zupee, and Games24x7.
- Apart from Dream11, Dream Sports operates FanCode, DreamSetGo, Dream Game Studios, Dream Sports Foundation, CRIQ, and Dream Picks. Dream Sports reported a 66% surge in operational revenue to Rs 6,384.49 crore for the fiscal year ending March 2023.
- Founded by Harsh Jain and Bhavit Sheth in 2008, Dream Sports was valued at $8 billion after a $840 million funding round in 2021. The company is expanding its real-money offerings beyond fantasy sports to diversify its portfolio.
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ISN
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1.6k
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IndiaBonds raises Rs 32.5 crore in maiden funding to accelerate growth of online bond platform
- IndiaBonds, a SEBI-registered Online Bond Platform Provider, secures Rs 32.5 crore in its first external funding round.
- Funding round led by a group of individual investors from the investment and technology sectors with expertise in scaling financial and digital platforms.
- Vishal Goenka, Co-Founder of IndiaBonds, highlights the importance of investors contributing not just capital but also valuable guidance.
- The investment will support IndiaBonds' growth trajectory as it eyes potential institutional funding next year.
- IndiaBonds appreciates clients and teams for contributing to the company's vision of democratizing the bond markets in India.
- Launched in 2021, IndiaBonds offers a digital platform for retail and institutional investors to access various fixed income products.
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ISN
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383
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Medtech startup Innovodigm raises Rs 5.5 crore in a seed funding round
- Medtech startup Innovodigm raises Rs 5.5 crore in a seed funding round led by the Indian Angel Network and PadUp Ventures.
- Funds will support process optimization, infrastructure scale-up, and team expansion for third-party preclinical validation and clinical trials.
- Innovodigm develops a proprietary Microneedle Array Patch (MAP) platform for needle-free vaccine delivery with thermostable vaccines, reducing cold-chain requirements and medical waste.
- Innovodigm plans to localize production with decentralized manufacturing hubs to address distribution bottlenecks in low- and middle-income countries.
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Inc42
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48
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How VAMA Is Tapping Into India’s $58.6 Bn Spiritual Tech Market
- Tech-driven startup VAMA merges ancient wisdom with digital innovation in spiritual tech industry.
- VAMA offers e-puja, e-darshan, and astrological guidance in a 360-degree ecosystem for users.
- Co-founders Aacharya Dev and Manu Jain aim to bridge timeless wisdom with modern convenience.
- VAMA expands to 20+ cities, offering traditional e-rituals with a global digital reach.
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ISN
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122
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Project-based learning and skilling platform Kruu raises Rs 1 crore in a bridge funding round
- Kruu, a project-based learning and skilling platform, raised Rs 1 crore in a bridge funding round.
- The Chennai-based startup, founded by Anil Srinivasan, connects students with global educators through guided projects.
- The platform has achieved profitability in its second year and served over 470,000 students, including paying users in various countries.
- Kruu's innovative model has garnered corporate partnerships and received recognition from the education ministry in the Philippines.
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Insider
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43
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Synthflow AI is bringing 'conversational' voice agents to call centers. Read the pitch deck that it used to raise $20 million.
- Berlin startup Synthflow AI, founded by Hakob Astabatsyan, Sassun Mirzakhan-Saky, and Albert Astabatsyan, raised $20 million in a Series A round led by Accel.
- Synthflow AI has developed 'conversational' AI voice agents that can engage in real-time conversations with customers, eliminating the need for traditional automated call menus.
- The startup's technology allows enterprise clients to deploy customized AI voice agents for handling inquiries, customer support, and actions like appointment scheduling without coding expertise.
- With plans to open a US office and further develop its agent platform, Synthflow AI aims to leverage its $20 million funding to expand its reach in the voice AI market, which has seen increased competition from other startups like ElevenLabs and PolyAI.
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Startup Pedia
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'Must wear churidar, tie hair with ribbon': Startup faces backlash for bizarre dress code mandate
- A startup is facing backlash for imposing a school-uniform-like dress code on its employees, including women being mandated to wear churidars with hair tied using ribbons.
- The strict dress code policy has sparked criticism online for promoting regressive and controlling practices, particularly towards women employees.
- Male employees are also subject to guidelines requiring formal attire and well-maintained facial hair.
- Netizens expressed outrage over the dress code, mocking the company with comments questioning the relevance of such regulations in a workplace setting.
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Analyticsindiamag
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Coralogix introduces Olly, an advanced AI-Powered Observability Agent in India
- Coralogix has launched Olly, an AI-Powered Observability Agent aimed at enhancing enterprise observability.
- Olly allows users at all management levels to access observable data and receive real-time insights.
- Ariel Assaraf, CEO of Coralogix, emphasizes Olly as an intelligent assistant empowering data-driven decision-making.
- The launch in India is part of Coralogix's global expansion drive following a successful $115 million Series E funding round.
- India's observability market is projected to reach $280.3 million by 2030, with a growing demand for scalable observability solutions.
- Olly addresses challenges like managing data volume and quality, leveraging AI to provide contextual insights.
- Observability has gained strategic importance post major outages, emphasizing the need for robust solutions like Olly.
- Platforms like Olly offer real-time feedback, predictive alerts, and deep system visibility, crucial for preventing incidents like the CrowdStrike outage in 2024.
- By embedding intelligence, Olly positions Coralogix at the forefront of AI-native infrastructure.
- Observability is seen as crucial for operational continuity and future autonomous operations.
- Olly combines advanced AI with telemetry data to support smarter decision-making.
- The launch of Olly in India aligns with the increasing demand for observability solutions in the market.
- Coralogix's valuation has surpassed $1 billion, driven by customer growth and demand for observability solutions.
- The launch of Olly comes amidst rising demand for advanced observability solutions in the face of persistent industry challenges.
- Olly's intelligence aims to help enterprises overcome data management issues and AI expertise shortages.
- The introduction of Olly positions Coralogix as a significant player in the observability and AI-powered infrastructure landscape.
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Eu-Startups
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Unchained Robotics secures €8.5 million to help clients find the right automation technology
- Unchained Robotics secures €8.5 million in Series A extended funding to address automation challenges.
- Funding round backed by Direttissima Growth Partners, Navivo Capital, Future Industry Ventures, vent.io, and D11Z.
- Unchained Robotics aims to simplify automation for SMEs, offering affordable solutions without special expertise.
- Founded in 2019 by Kevin Freise and Mladen Milicevic, the company provides an independent automation platform.
- The company offers configurable solutions and turnkey systems with its LUNA OS software.
- LUNA OS is a standardised control system that simplifies integrating robots into production lines.
- Over 300 European companies, including Vorwerk, are already using Unchained Robotics' solutions.
- Expansion into the U.S. is underway, with a partnership with Albéa Group for automation initiatives.
- Unchained Robotics focuses on standardisation and scalability in robotic automation.
- The company emphasizes the importance of automation in staying competitive, especially in manual tasks.
- Future plans involve enhancing adaptability and learning in robotic systems through AI technology.
- The funding aims to accelerate Unchained Robotics' growth and innovation in the automation sector.
- Christopher Hoffmann of Direttissima Growth Partners highlights the company's role in standardizing automation.
- Automation is seen as key to addressing workforce shortages in manual tasks by 2030.
- Unchained Robotics envisions AI-powered robotic systems that are adaptable and intelligent.
- The company's focus is on bridging intelligent software with physical automation systems.
- The article is eligible for web story generation.
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Inc42
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13
Image Credit: Inc42
NPCI’s FY25 Profit Zooms 42% To INR 1,552 Cr
- The National Payments Corporation of India (NPCI) saw a significant 42% increase in its profit after tax (PAT) to INR 1,552 Cr in the year ending March 2025.
- NPCI's operating revenue rose 19% to INR 3,270 Cr in FY25, with an improvement in its PAT margin to 47.5%.
- Operating margin dropped slightly to 48.7% in FY25 for NPCI, which remains debt-free with no borrowings.
- Transaction volumes for NPCI grew by 33% to 21,360 Cr in FY25 across products like UPI, RuPay, NACH, and CTS.
- NPCI's total Settlement Guarantee Fund (SGF) stood at INR 17,892 Cr, including INR 2,695 Cr for Bharat Bill Payment System.
- As of May 2025, NPCI has 65 shareholders including public and private sector banks, and operates as a System Wide Important Payment System (SWIPS) by the RBI.
- ICRA increased NPCI's rated bank facility amount to INR 15,000 Cr and reaffirmed its credit rating at A1+.
- ICRA highlighted that NPCI's revenue is influenced by digital transaction volumes and faces a small risk of competition affecting its market share and profitability.
- Regulatory approvals and established systems give NPCI a competitive advantage despite potential new competitors entering the market.
- The RBI had proposed the NUE framework in 2019 to establish alternative entities for retail payment systems, aiming to reduce reliance on NPCI, but the project was later shelved due to a lack of innovative proposals.
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Medium
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311
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When Everything Falls Apart (And Why That’s the Point)
- A presenter faced technical difficulties during a presentation, leading to a discussion on disaster recovery protocols.
- The presenter emphasized preparing for when everything goes wrong, outlining strategies for server crashes and customer communication during outages.
- Despite the challenges, the presenter's detailed description of failure modes helped secure 2.3 million pounds in funding.
- The incident challenges the belief that competence equals perfection, highlighting the importance of acknowledging vulnerabilities and preparing for potential failures.
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Getfullyfunded
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Events on a Shoestring: High-Impact Auctions for Small & Mighty Teams
- Small teams can achieve big fundraising success by focusing on efficient workflows.
- Utilize templates, outsourcing, and automation to prevent overwhelm and ensure smooth operations.
- Partners like Get Fully Funded and Auctria offer resources and platforms for support.
- By strategizing with free resources and outsourcing tasks, even small teams can succeed.
- Automation of communications and tasks can streamline event planning for maximum efficiency.
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Inc42
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332
Image Credit: Inc42
ArisInfra Ends First Trading Session 22% Below IPO Price
- Shares of ArisInfra Solutions ended the first trading session 22% below its IPO price.
- The company closed at INR 174.10 on the BSE, down 21.6% from the IPO issue price of INR 222.
- ArisInfra's market capitalization was $164 million, lower than the IPO valuation of $209 million.
- The stock closed 16.7% below its opening price of INR 209.10 on the BSE.
- Trading on the NSE saw the stock closing at INR 173.9, down 21.7% from the issue price.
- 19.3 lakh equity shares of ArisInfra were traded on the BSE on the first day.
- ArisInfra faced weak investor sentiment on its listing day despite a positive broader market trend.
- The IPO, oversubscribed 2.65X, witnessed strong interest from retail investors.
- Qualified institutional buyers showed tepid response, oversubscribing 1.4X.
- Brokerage firms like Bajaj Broking and Religare Broking had mixed opinions on ArisInfra's IPO.
- ArisInfra posted profits in the first nine months of FY25 after losses in FY24.
- The company's operating revenue improved in 9M FY25 compared to FY24.
- ArisInfra is expected to announce its full-year FY25 financials soon.
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Medium
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2.5k
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The $85B Engineering SaaS Market: Where the Next Decade of Growth Is Happening
- The Engineering SaaS market is experiencing significant growth driven by global infrastructure demand, ESG compliance, AI modeling, and digital twin technologies.
- By 2025, Engineering SaaS is predicted to surpass $85 billion globally, with key segments including AEC Design, Plant & Process, Simulation & CAE, Digital Twins, and AI Engineering SaaS.
- Engineering SaaS comprises five interconnected layers: AEC Design Platforms, Plant & Process Platforms, Simulation & CAE, Digital Twins, and AI Engineering SaaS.
- Private equity firms are heavily investing in the Engineering SaaS space, leading to the emergence of multi-domain giants and AI-native startups.
- A competitive power shift is underway in the market, with legacy SaaS providers facing challenges from AI-native SaaS companies offering faster onboarding and consumption-based pricing.
- The go-to-market complexity in Engineering SaaS involves enterprise ABM sales, solution selling, API embedded sales, and self-service PLG, catering to various stakeholders.
- Key metrics for success in Engineering SaaS include ACV, Net Revenue Retention, Usage Intensity, AI model accuracy improvement, sales cycle length, and product expansion rate.
- The future of Engineering SaaS lies in platforms mastering compounding AI flywheels driven by data growth, AI learning loops, workflow embedding, outcome automation, retention, and expansion.
- To succeed in the Engineering SaaS market, platforms need to deeply integrate into workflows, utilize AI learning loops, expand modularly, and deliver operational outcomes.
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