Indian investment platform Groww recently made headlines for paying a hefty ₹1,340 crore (approximately $160 million) in taxes as part of its strategic move to shift its corporate domicile from USA back to India. This move comes at a time when several Indian startups are returning to their home market amid regulatory shifts and the need for closer alignment with domestic policies. The implications of Groww’s relocation decision shed light on broader trends within the startup ecosystem as reported by Tech Crunch, particularly regarding the factors driving the repatriation of companies, and the challenges and tradeoffs involved.The Financial and Strategic…
Author: Desi Founder
Perplexity AI, a rapidly growing AI-driven search startup, is reportedly in talks to raise capital at an $8 billion valuation. Founded in 2022, Perplexity has quickly become a notable player in the AI search market, offering conversational search capabilities and real-time answers based on large language models (LLMs). This potential funding round comes as demand for AI-enhanced search solutions grows, driven by advancements in generative AI.Perplexity’s Rise in the AI Search MarketPerplexity AI aims to enhance the search experience by enabling users to ask questions in natural language and receive clear, concise answers in real time. Its platform blends generative…
Mira Murati, the former CTO of OpenAI, has reportedly embarked on a new venture in the AI landscape, seeking to raise capital for an AI startup. Murati, known for her significant contributions to advancing artificial intelligence during her time at OpenAI, has caught the attention of investors with her new venture.A Strategic Shift Post OpenAIMurati’s departure from OpenAI, where she was integral in overseeing the development of advanced AI models such as GPT-4, signals a new chapter in her journey. While specific details about her new startup remain under wraps, the fundraising efforts suggest that Murati is keen to create…
Raptee, an emerging player in India’s electric vehicle (EV) industry, has just launched the country’s first high-voltage electric motorcycle, the Raptee DOT HV T30. This innovative two-wheeler is set to revolutionize the electric motorcycle market with advanced technology, performance, and eco-friendly features. Here’s an in-depth look at what makes the Raptee DOT HV T30 a significant entry into the electric vehicle sector.High-Voltage Technology: The First of Its Kind in IndiaThe most distinctive feature of the Raptee DOT HV T30 is its high-voltage technology. With an impressive 720V architecture, this electric motorcycle is designed to outperform other electric bikes in the…
Understanding Lean Startup Methodology The Lean Startup methodology is a revolutionary approach to developing businesses and products, which aims to enhance the likelihood of startup success through validated learning and iterative progress. Originating from the principles laid out by Eric Ries in his 2011 book, “The Lean Startup,” this methodology emphasizes the importance of rapid experimentation and customer feedback in the early stages of a venture. At its core are several fundamental concepts, including the build-measure-learn feedback loop, validated learning, and the minimum viable product (MVP). Validated learning is a key principle that allows entrepreneurs to test hypotheses about their…
AIWB’s initiatives, including networking events, workshops, and exhibitions, have helped women gain visibility, form partnerships, and expand their customer base. In today’s evolving business landscape, building communities that support women entrepreneurs is critical, especially for those facing unique challenges while starting and scaling businesses. Indian women living abroad often encounter additional obstacles such as navigating different cultural and business environments, limited networks, and restricted access to localized resources. Organizations focused on empowering women entrepreneurs can play a transformative role by providing platforms for networking, mentorship, and resource-sharing, helping women unlock their potential and grow their ventures. Austin Indian Women in…
Al assistant that can answer questions, find information, write documents, all powered by your apps and workplace knowledge. The rapid rise of AI has transformed workplaces, offering new tools that enhance productivity, decision-making, and information accessibility. With the ever-growing need for efficiency, AI assistants have become essential in streamlining operations by automating mundane tasks, answering queries, and providing insights. AI Search Assistants, in particular, play a crucial role in modern workplaces by integrating with multiple platforms and pulling information across various apps—whether it’s documents, emails, or project details—making it easier for teams to access what they need quickly. This eliminates…
Understanding CSAT and Its Importance in Customer SuccessCustomer Satisfaction Score (CSAT) serves as a critical metric that enables businesses—especially Indian startups—to gauge the satisfaction levels of their customers regarding a specific product or service. CSAT is typically measured through surveys that ask customers to rate their experience on a scale, providing clear insights into how products align with customer needs and expectations. This metric is not just a number; it encapsulates customer experiences, making it invaluable for startups striving to achieve product market fit.A high CSAT score indicates that a startup’s offerings resonate well with their target audience, thereby confirming…
The Manba Finance IPO, which concluded on September 25, 2024, saw massive demand, with a subscription of 224.1 times. Investors are now eagerly awaiting the share allotment, which will be finalized today, September 26. The IPO targeted ₹150.84 crore and attracted attention from high-net-worth individuals (HNWIs), institutional investors, and retail investors alike.Here’s a detailed breakdown of the IPO’s success and what investors can expect next, based on the insights from recent reports.Strong Demand Across Investor CategoriesManba Finance Ltd., a non-banking financial company (NBFC) that focuses on financing two-wheeler vehicles, saw overwhelming interest from all categories of investors. The shares on…
The tragic death of an EY employee, Anna, has sparked national reflection on workplace stress and corporate culture. Following the incident, Finance Minister Nirmala Sitharaman called for lessons in stress management and well-being. However, this has led to a controversy, with Congress accusing her of deflecting responsibility from companies that often demand excessively from employees, leading to burnout.Anna’s death has brought to light the harsh realities of high-pressure corporate environments, particularly in industries like consulting and tech. While many professionals relate to the struggle of balancing intense workloads and personal well-being, the conversation has now shifted toward examining the role…