Category: Startup
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Sam Altman, CEO of OpenAI, says he’s willing to invest in South Korean firms
He expressed his admiration for the Korean people’s acceptance of modern AI technology spearheaded by ChatGPT and his interest in their cutting-edge hardware and software solutions. The non-profit OpenAI Incorporated and its for-profit sibling company, OpenAI Limited Partnership, make up the American artificial intelligence (AI) research facility known as OpenAI. With the stated goal of…
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Turkish startups travel the world with fresh investment
Technology startups Fazla, GoWit, and MentalUP, which specialise in e-commerce, waste management education, and AI, are working to increase their position in the worldwide market with the help of investors. Turkish technology entrepreneurs are prioritising expansion into international markets as a result of fresh funding, and investor expectations have changed to support businesses with the…
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Source.ag, an AI farming startup, receives $2 million from SK Networks
SK Networks has seen the enormous potential of “Source.ag,” a trailblazing Dutch firm that uses artificial intelligence to empower producers all over the world. SK Networks has said that it decided to contribute $2 million in the Series A capital round of $27 million for Source.ag through its US investment firm, Hico Capital, with a…
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Six survival must-dos for startups
Category StartupWhy so many firms fail despite being the product of some extremely great ideas is one of the mysteries of the startup world. Currently, a key business model that is advancing Startups need to do six things in order to survive the global economic development driven by innovation. One of the mysteries of the startup…
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UK cell therapy start-up and AstraZeneca reach $2 billion partnership agreement
Category StartupTo treat autoimmune illnesses, Quell Therapeutics is creating cell engineering. Quell Therapeutics, one of the most promising UK biotech startups, and AstraZeneca have agreed to collaborate on research projects and to license their intellectual property in order to create medicines for two autoimmune disorders. The pharmaceutical behemoth will provide Quell an initial payment of $85…
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Here’s why CFOs have unexpectedly become the new darlings of the startup scene
Category StartupOver the past few months, CFOs have been hired by a number of startups. What is the reason behind this sudden change in their tactics? Recent events revealed just how much has changed since the start of the funding winter to a Gurugram-based start-up. The company was perplexed by a request from possible investors to…
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Startup Nation Israel Is Being Left Out in the Cold by Climate Change
As the globe begins to worry more about the environment than cybersecurity, IT industry leaders are pessimistic about the future. The Startup Nation of Israel is not having a joyful time right now. The second year of the global tech downturn has begun, and there is no indication of an end in sight. Entrepreneurs and…
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Thunes, a Singaporean financial firm, has raised an additional $25m
Bessemer Venture Partners, a U.S.-based company, provided the Series C capital. DealStreetAsia is a Singapore-based financial news website that focuses on corporate investment, private equity, and venture capital activities throughout Asia, particularly in Southeast Asia, India, and Greater China. Majority ownership of the business is held by Nikkei. Philippines’ CEBU According to regulatory documents, the…
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Warning: “Winter period in start-up funding” is about to begin around the world
Global investment in start-ups has fallen dramatically in the past year due to rising inflation, increased interest rates, and a decoupling of ecosystems created by unstable geopolitics. After a sharp decline in global investment over the past year, start-ups are facing difficult times, according to a new analysis. According to the Global Startup Ecosystem Index,…
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Who Is Rahul Yadav, the IIT Dropout Suspected of Spending His Startup’s Rs 276 Crore Funding On A Lavish Lifestyle?
After an email he sent to staff members was compromised, Yadav was finally fired. He said in it that he had sent inconsistent responses to different journalists “to have some fun.”The managing director of the largest venture capital firm in the nation, Sequoia Capital, Shailendra Singh, had received an angry and threatening email from Yadav.…
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How Fintech is transforming India’s startup finance
Government figures show that from the start of the Startup India initiative, India has recognized 92,683 startups. While many startups prefer venture capitalists as their source of finance, some rely on fintech lending to kickstart their businesses. What is Financial Technology (FinTech)? The umbrella phrase “FinTech” (financial technology) refers to software, mobile applications, and other…
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AI-based self-driving tech start-up Minus Zero unveils India’s first fully autonomous vehicle
zPod, which doesn’t have a steering wheel, utilizes a network of strategically positioned high-resolution cameras as its primary sensory system. Bengaluru-based artificial intelligence (AI) start-up Minus Zero has unveiled what it claims is India’s first autonomous vehicle. Based on a camera-sensor suite, the fully-electric prototype called zPod can drive in all environmental and geographical constraints,…
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The largest startup frauds of the twenty-first century, including Theranos, startled the globe
Global startup culture has grown significantly in the twenty-first century. The modern company environment is being shaped by terms like venture capitalists, angel investors, equity structure, and fundraising. Nevertheless, the business world is still hurting from countless cases involving the biggest startup frauds despite numerous success stories of how ambitious entrepreneurs collect money to create…
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According to TVS Motor, the EV industry benefits from having a startup difficulty
According to TVS Motor Company, it is beneficial to have initial challenges in the electrical vehicle (EV) market because they occasionally give the business a fantastic opportunity to be competitive Having a startup problem in the electrical vehicle (EV) market is beneficial, according to TVS Motor Company, and occasionally it gives the business a fantastic…
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Launching A Marketing Product Startup 101
I have worked on a dozen or more marketing product launches in the previous few years as the director of marketing communications for Silicon Valley firms. An essential and integral aspect of the company process is introducing new product features to the market. These upgrades have been under development by the engineering team for some…
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Considering how crucial failure is to a startup’s success
Everybody is naturally afraid, and it is entrenched in our DNA to be afraid of our surroundings. Anxiety is a normal emotion that develops when things do not go according to plan. This is the main cause of technical entrepreneurs’ severe failure anxiety. Building your startup entails facing your anxieties, getting through them, and maturing…
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Rocket Internet withdraws from startup investments due to the tech slowdown
One of Europe’s most aggressive venture capital businesses is subtly changed into a more cautious investing house by Oliver Samwer. One of Europe’s top digital investors, Oliver Samwer, once advised business owners to use “blitzkrieg” strategies to gain market share quickly: “I am the most aggressive guy on the internet on the planet,” he said…
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The Startup Industry Report from BCG to be presented at TiEcon Mumbai 2023
June 1st, Mumbai (Maharashtra), India The 16th iteration of TiEcon Mumbai, TiE Mumbai’s main event, will take place at the Jio World Convention Centre on June 2, 2023. BKC. The conference this year has the slogan “Unboxing India 3.0 – Anti fragile| Conscious| Innovating” as its centerpiece. The largest entrepreneurial conference in Western India, TiEcon…
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Global investors drastically lower Indian start-up values
Markdowns for the meal delivery service Swiggy and edtech company Byju’s are close to 50%. Global asset managers are downgrading the value of well-known Indian start-ups in their portfolios, with writedowns of close to 50% for companies like tutoring firm Byju’s and food delivery service Swiggy that were formerly favorites of investors, according to US…
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2023 Startup Achievement Awards: StrikeReady takes home the gold medal. Information Technology Globee Awards
At the 18th Annual awards, over 600 judges name StrikeReady the undisputed champ in the security software startup category. California’s PALO ALTO.The Business WireAn AI-driven security firm called StrikeReady has announced that it has won a Gold 2023 Globee Information Technology Award in the area of Startup Achievement of the Year in Security Software. With…
