Category: Startup
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How SpotDraft hopes to rival Salesforce in the field of contract management
The Bengaluru-based Saas firm gives companies the agility of a car to conduct “deep searches” on their contracts. Several years ago, a lawyer and an engineer met by happenstance at a Diwali evening party in New York. A third friend soon joined them to start SpotDraft. The co-founder and CEO of the company, lawyer Shashank…
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Eight lessons learned from creating and selling a startup, from Idea to Successful Exit
Category StartupHere are a few important lessons that all business owners may use as they develop (and ultimately sell) their enterprises. In order to succeed as an entrepreneur, one must frequently question the status quo and take calculated risks that others would avoid. The foundation for a ground-breaking enterprise is laid by a spark—a daring notion.…
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CEO of Spotify raises €60 million for his AI-powered preventive healthcare startup
The money will assist Neko Health in growing throughout Europe. Venture capitalists recently gave their full support to preventive healthcare firm founded by CEO and co-founder of Spotify Daniel Ek. Neko Health revealed earlier today that it has secured €60 million in a deal that was led by Lakestar and supported by Atomico and General…
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At the JKEDI Startup Event, two Kashmiri women entrepreneurs receive funding of Rs 75,000
Nuzhat Qazi and Insha Mir, two Kashmiri women entrepreneurs, have raised Rs 75 lakhs in funding through Startup India and the Jammu and Kashmir Entrepreneurship Development Institute (JKEDI). This noteworthy accomplishment illustrates the remarkable potential and entrepreneurial energy of women in the area as well as the fostering atmosphere offered by JKEDI. The “Women for…
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IBM supports a Japanese chip startup it views as crucial
IBM’s 2-nanometer chip design is being transformed into production-ready silicon by Rapidus, a startup financed by some of the largest electronics companies in Japan, with the goal of mass producing such chips in the second half of this decade. Today’s most cutting-edge semiconductors are produced at the bigger 3nm node. Rapidus Corp., a Japanese semiconductor…
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Yodaplus: Creating Groundbreaking Tech Enablement to Boost Indian Startup Boom
Yodaplus, a technology business with headquarters in Mumbai, is helping to create an environment that is more favorable for the growth of startups in India. The third of July 2023 will take place in Mumbai, India. Yodaplus is a leader in India’s IT startup boom, offering a full range of services that assist businesses in…
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Berlin-based investors are needed by a Lithium start-up to finance the project
Years were spent debating doubters who believed Vulcan Energy Resources Ltd.’s idea to produce inexpensive, carbon-free lithium from a brine resource in Germany was too wonderful to be true. It is currently attempting to persuade the German government, a possible investor with a very sizable pocketbook. In order to get backing for the €1.5 billion…
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Feature: Young businesspeople ride the startup boom in Hong Kong
Xinhua, June 30, HONG KONG — Entrepreneur Kelvin Tang, who was born and raised in Hong Kong, thought his life was finally moving in the right path when he left his well-paying executive tech job in London and launched his own company. He was able to integrate his three main interests: business, innovation, and creative.…
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What will the funding situation be for climatetech startups in 2023?
VC funding for climatetech startups has significantly decreased in the first half of the year. But as investors favour smaller deals, more entrepreneurs are raising money this year than last. Canary Media’s chart of the week translates crucial data about the clean energy transition into a visual format. Despite the fact that funding for climatetech firms is off…
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EVENT MANAGEMENT IS BEING SIMPLIFIED BY TICKET 9 BY AUTOMATING MANUAL TASKS.
Yazhini Shanumgam and Santhos Premraj founded Ticket 9, a B2B event technology firm that aids in streamlining event management, enhancing attendee engagement, and boosting income. Organising an event requires an enormous amount of work, from invitations to registration to partnering. A business-to-business firm called Ticket 9 in Coimbatore uses technology to streamline the workflow by…
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Cleaning up the startup ecosystem is necessary. Likewise, establish a governance charter
Category StartupThe original culture, founder mindset, and ongoing governance of these fledgling enterprises are greatly influenced by the early investors. Additionally, in order to close acquisitions or increase their “founder friendliness,” investors have recently permitted founders to become accustomed to truly skewed incentives. The urgent need is for a governance charter that links the fundamental motivations…
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A billion-dollar startup dilemma: unicorns, gazelles, and cheetahs
Whether fictional or actual, the animals in the startup jungle need to be ranked on their financial stability and ability to survive rather than on inflated values that provide the wrong impression. 2021 November. It was touted as one of the biggest IPOs in India with a Rs 18,300 crore issue size. And since the…
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Sunny Gupta, the founder of Apptio, sells his business to IBM for $4.6 billion
Silicon Valley-based serial entrepreneur Gupta, who has founded four companies, recently sold his most recent SaaS business, Apptio, to IBM. Given that Big Blue was where Gupta started his career three decades ago, his life has come full circle. Co-founder and CEO of Apptio Sunny Gupta is celebrating a kind of homecoming. On June 26,…
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Xurya, an Indonesian solar energy firm, wants to raise further financing
According to the co-founder, investor interest in climate tech startups is increasing. In Jakarta According to a top executive, Indonesia’s Xurya, which creates rooftop solar panels for businesses and industries and anticipates increased demand for solar panels this year, plans to finish a fresh funding round before the end of the year. “We always raise…
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Venture Capital Innovation: Accelerating Startup Growth
In order to support digital entrepreneurs, the Silicon Valley ecosystem has traditionally relied on a conventional form of venture capital funding. Young companies are grown by VC firms through a number of fundraising rounds until they reach the exit stage, at which time they are acquired or go public. But during the past year, venture…
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Bengaluru’s startup ecosystem ranks 20th globally in the Global Startup Ecosystem Report 2023
Category StartupInsights into the global startup ecosystem are provided by the Global Startup Ecosystem Report 2023 (GSER 2023) which highlights Bengaluru’s ascent to the 20th rank and the amazing development of the Indian ecosystem. The most current Global Startup Ecosystem Report 2023 (GSER 2023) from Startup Genome offers a thorough examination of startup ecosystems around the…
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Google India announces the second batch of its Startup School will begin on July 11
Category StartupThe second iteration of Startup School 2023, sponsored by Startup India and featuring more than 30 experts in an eight-week virtual programme for 30,000 Indian businesses, has been announced by Google India. The second iteration of Google India’s virtual programme Startup School 2023, which supports and empowers startups in India, has been launched. The programme,…
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A GUIDE TO STARTUP METRICS FOR INVESTORS WHO DOUBLE DOWN ON DUE-DILIGENCE
Institutional investors have increased their due diligence as a result of instances of financial irregularities and misconduct by startups. The subtleties of metrics at startups are discussed by Prime Venture Partners’ managing partners Amit Somani and Shripati Acharya. Hello, BYJU’S is responding to a fire. Investors apparently received assurances from the edtech giant that it…
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Explainer: Byju’s, a leading Indian startup, faces audit complaints and board resignations
The 23rd of June in Mumbai (Reuters) One of India’s largest businesses, Byju’s, a leader in education technology with a $22 billion valuation last year, has had difficulties including lawsuits, auditing problems, layoffs, and board-room exits. The departure of its auditor, Deloitte, casts doubt on the company’s financials and business practises, dealing a serious blow…
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The statement “We Have a Portfolio of Over 150 Incubated Startups”
Category StartupDirector of IIT Kanpur, Abhay Karandikar, explains how this storied institution keeps ranking among the best engineering schools. We’re pleased that we came out on top in the Innovation category of the most recent NIRF 2023. This demonstrates the recent rapid expansion of IIT Kanpur’s innovation ecosystem. How has IIT Kanpur, which has a distinguished…
