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Medium
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How to Prepare for Web Summit and What to See in a Few Days
- Web Summit is a 4-day event held in a single location which is halfway between the airport and the city center of Lisbon.
- The first day is solely dedicated to the opening ceremony featuring presentations from the summit’s main speakers, guests from big corporations, and pitches.
- On the second and following days, there will be talks, workshops, pitches by a huge number of startups and food courts.
- All meeting bookings are done in advance through the app. So, it is recommended to create a profile and search for people you want to meet with in advance.
- Many companies host their own events across Lisbon that attendees are free to attend, and these events can be free or paid for.
- Each startup is guaranteed a booth for at least one day, and booth locations are organized by industry, so startups change daily, giving more options to connect with different groups.
- Badges are categorized by the attendees, and startups and investors have their own separate areas.
- There is free Wi-Fi for attendees at the summit, but if roaming is expensive, an Orange Flex eSIM or Mobimaster one-time eSIM can be purchased for internet connectivity.
- Some points of interest for sightseeing are Jerónimos Monastery, Belém Tower, the Monument to the Discoveries, the 25th of April Bridge, the Praça do Comércio (Commerce Square), Alfama district, authentic cafes, and local foods.
- Learning a few basic words in Portuguese might help, but everyone speaks English. You can practice English beforehand by downloading Govar app, which helps improve spoken English.
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Medium
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The Process Of Creating A New IT Product — Chapter 1
- When creating a new product, it's important to understand the base first.
- Finding the idea is the first stage, it is essential to evaluate the idea first before investing your time and resources.
- MVP formation follows finding and testing the idea.
- Creating a business model is the primary objective in MVP formation.
- Analyzing your competition is useful in MVP formation as well.
- Finding and talking to potential users will help you understand your target audience and what problems they really care about.
- Deep diving and analyzing competitors can help create strategies that can help improve your product.
- Updating the user card will make sure your product addresses related issues for potential users.
- Your business model should be able to answer questions regarding areas of potential business.
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TechCrunch
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CoffeeSpace is a Hinge-like app that wants to help you find your co-founder
- CoffeeSpace is a startup that has launched a social networking app to help people find co-founders for their startup ideas.
- The app matches users based on their requirements and allows filtering based on expertise, location, industry, and more.
- CoffeeSpace aims to provide insights into users' personalities and working styles to help find ideal candidates.
- The app operates on a freemium model and has already gained over 7,000 users since its launch in March 2024.
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ISN
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Indian startups raised over $362 million from Oct 26 to Nov 02, 2024, Finova Capital tops the list
- Between October 26 and November 02, 2024, 14 Indian startups raised $362.94 million in funding.
- Finova Capital topped the list with $135 million in funding, followed by TripFactory raising $50 million.
- Other notable fundings include Vridhi Home Finance ($36.84 million), Udaan ($35.6 million), and Zinc ($25.5 million).
- In addition, there were acquisitions, with Datawrkz acquiring UK-based Space & Time.
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Inc42
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Former Titan Capital Partner Bipin Shah Floats Micro VC Firm
- Former Titan Capital Partner Bipin Shah has launched his micro VC firm, Zeropearl, focusing on consumer and GenAI startups.
- Zeropearl will make 12-15 high-stakes investments in a year and provide support to its portfolio companies in securing a good Series A term sheet within 15 months of funding.
- The firm follows a 'Founder Only' thesis, committing to revert to founders within 7 days of contact.
- Zeropearl is open to investing in pre-revenue SaaS startups, while consumer startups should have a minimum monthly revenue of 1 Lakh to qualify for investment.
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Startup Pedia
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Swiggy's 10-Min Medicine Delivery Can Bring Health Threat, Warns AIOCD
- Swiggy has partnered with PharmEasy to provide 10-minute medicine deliveries through its Instamart platform.
- The All India Organisation of Chemists and Druggists (AIOCD) has raised concerns about the collaboration.
- AIOCD fears that the ultra-fast delivery timeline could compromise patient safety and contribute to antimicrobial resistance.
- The association has alerted the Drugs Controller General of India about potential violations of drug regulations.
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Inc42
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WOW Skin Science Narrows Loss To INR 130 Cr, Revenue Dips 10% In FY24
- WOW Skin Science, the skincare brand operated by Body Cupid Private Limited, has narrowed its net loss by 40% to INR 130.2 Cr in FY24.
- Revenue from operations declined 10% to INR 233.5 Cr in FY24 compared to the previous fiscal year.
- The company aims to achieve near break-even in Q4 FY25 and turn profitable by 2025.
- WOW Skin Science offers beauty and personal care products and has expanded its presence in multiple countries.
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Inc42
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magicpin Cuts Platform Fee By 29% To Drive Growth In Daily Orders
- Hyperlocal delivery platform magicpin has reduced its platform fee to INR 5 per delivery.
- This move comes as magicpin aims to balance the welfare of their delivery partners and keep customers happy.
- The strategic price reduction follows recent platform fee hikes by competitors Zomato and Swiggy.
- magicpin plans to strengthen its presence on ONDC, invest INR 100 Cr, and onboard 100K new restaurants and cloud kitchens.
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Yourstory
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Hala Mobility bags Rs 51 Cr in pre-Series A funding
- Hala Mobility secures Rs 51 crore in pre-Series A funding round.
- Funding round saw participation from founders Srikanth Reddy and Snehith Reddy, along with other investors.
- Hala Mobility plans to expand to six new cities in India and deploy 10,000 new electric vehicles.
- The Hyderabad startup provides an EV-as-a-Service platform for ecommerce companies and gig workers.
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VIE Stories
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Hala Mobility Raises $6 Million in Pre-Series A Funding
- EV platform Hala Mobility has raised $6 million in pre-Series A funding.
- The funding was raised through a mix of debt and equity rounds.
- The money will be used to expand Hala Mobility's EV fleet and presence in six more Indian cities.
- Hala Mobility is a multi-modal EV ride-sharing platform founded in 2020.
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Yourstory
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Eat the frog: A productivity technique to tackle big tasks
- The “Eat the Frog” technique is a prioritisation strategy where you start your day by tackling the most challenging or important task on your list.
- Addressing the toughest task first reduces procrastination, boosts confidence and momentum, provides mental clarity, and improves productivity.
- To effectively use the technique, define your frog the night before, start your day with a focused mindset, break the task down if necessary, reward yourself after completion, and repeat consistently.
- By mastering this technique, you prioritize your most challenging task and build a habit of proactive action, clearing your to-do list more efficiently.
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Yourstory
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Warren Buffett’s 3-word rule for true success in life
- Warren Buffett's three-word rule for success is 'Know your priorities.'
- This advice emphasizes focusing on meaningful goals and avoiding distractions.
- Knowing your priorities brings clarity, increases productivity, and reduces stress.
- To apply Buffett's rule, identify daily priorities, learn to say 'no,' set boundaries, reflect and adjust, and celebrate small wins.
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Startup Pedia
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Nikhil Kamath's PR Shares How to Get Featured in His 'WTF is' Podcast
- Zerodha cofounder Nikhil Kamath's team has shared how to get featured in his WTF Podcast.
- The first condition stated was 'Not by paying your way in.'
- Rachna Bhutoria, PR of Nikhil Kamath and WTF podcast, shared the process to get featured in the podcast show in a recent LinkedIn post.
- The approach is simple: pick a topic, find guests who bring fresh perspectives, and send the name of the company, spokesperson, and sector.
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Yourstory
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Swiggy to roll out separate infrastructure for longer delivery timelines on Instamart
- Swiggy is introducing a separate infrastructure for longer delivery timelines on Instamart, aiming to increase selection and scope.
- The company plans to focus on offering products that can be carried on a bike and will not include large white goods electronics.
- Swiggy's quick commerce arm, Swiggy Instamart, is expected to surpass its core food delivery business in terms of demand and market share.
- The company's quick 10-minute food delivery service, Bolt, is gaining popularity with restaurant partners and users.
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Startup Pedia
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Deepinder Goyal Responds After ‘Future Dated’ Food Found at Warehouse
- Zomato's CEO Deepinder Goyal responds after 'future dated' food found at warehouse.
- A food safety raid in Zomato's Hyperpure warehouse in Hyderabad revealed packaging labels with future dates.
- Goyal clarified that it was a manual typing error and the concerned vendor has been delisted.
- Reports also mentioned issues like presence of house flies and improper hygiene measures in the warehouse.
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