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Designing Products and Services for Aging Consumers

StartupTalky

StartupTalky · 1y ago

Designing Products and Services for Aging Consumers

India's aging population presents a business opportunity as the demand for products and services tailored to older consumers is expected to rise. Recognizing and addressing the social determinants of health among aging consumers is crucial. The key areas of interest for the well-being of aging populations are income security, healthcare accessibility, supportive environments, participation and contribution, aging in place, health and wellness, and caregiving services. Startups can leverage technology to provide solutions that enhance the lives of older adults, promoting autonomy, safety, and social connection. Collaboration between governments, businesses, and civil society is necessary to support aging individuals effectively.

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Silicon Valley's Elite Rewrite the Aging Narrative

StartupTalky

StartupTalky · 1y ago

Silicon Valley's Elite Rewrite the Aging Narrative

Silicon Valley billionaires like Jeff Bezos, Sam Altman, and Peter Thiel are investing significant amounts of money in anti-aging research. Altman has invested $180 million in Retro BioScience, while Bezos has invested $3 billion in Altos Labs. These investments highlight a growing interest in extending human life and challenging the inevitability of aging. The anti-aging market is expected to reach $421.4 billion by 2030, driven by an aging population and increasing awareness of anti-aging products and services. Despite challenges, such as translating animal studies to humans, the future looks promising for age reversal research.

Centum Electronics shares rise 13% intraday, here's why

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Business Today · 5m ago

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Centum Electronics Ltd. shares rose 13% intraday following a Qualified Institutional Placement (QIP) fundraising initiative. The floor price for the QIP was set at Rs 1,219.65 per share, with a potential 5% discount. The funds aim to support growth and enable the company to provide comprehensive solutions, particularly in defense services. Centum Electronics specializes in designing, manufacturing, and exporting electronic products and providing design services for systems, subsystems, and modules.

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Broadcom to pause sale of Carbon Black unit, Bloomberg reports

Reuters · 1y ago

Broadcom to pause sale of Carbon Black unit, Bloomberg reports

Broadcom Limited is a multinational semiconductor company with offices in Irvine, California. The company is known for its expertise in designing and manufacturing various semiconductor solutions for a wide range of industries. Broadcom's logo represents its strong presence in the technology sector and its commitment to delivering high-quality products and services to its customers. The company's success and reputation have earned it recognition as a leading player in the semiconductor market.

Consumers willing to pay for premium products: Lenskart’s Peyush Bansal

Economic Times

Economic Times · 1y ago

Consumers willing to pay for premium products: Lenskart’s Peyush Bansal

Consumers are willing to pay more for premium products as they seek differentiation and an enhanced lifestyle, according to Lenskart founder Peyush Bansal and BlueStone founder Gaurav Singh Kushwaha. They emphasized that people are willing to invest in brands that embody trust and a compelling proposition, rather than just being influenced by advertising. Kushwaha noted that younger Indian consumers are especially willing to pay higher prices for products or services that stand out. Nykaa founder Falguni Nayar also highlighted the growing importance of the beauty and fashion sectors in driving consumption in India.

Branding and promotional platform PrintBrix raises funding from EvolveX, angel investors

IndianStartupNews

IndianStartupNews · 1y ago

Branding and promotional platform PrintBrix raises funding from EvolveX, angel investors

Noida-based branding and promotional platform PrintBrix has secured an undisclosed amount in funding led by EvolveX, an early-stage program founded by We Founder Circle (WFC). Angel investors, including Neeraj Tyagi, Navneet Gupta, Amit Prakash, and others, also participated. PrintBrix plans to use the capital to develop a comprehensive technology platform for end-to-end solutions and expand into multiple cities. Founded in February 2022, PrintBrix streamlines printing, designing, and delivering promotional items, aiming to become a premier online hub for modern businesses' marketing products and services.

China needs more factory robots. Can it build its own?

Livemint

Livemint · 12m ago

China needs more factory robots. Can it build its own?

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ONDC must address liability issue: Consumers Affairs Secretary

Economic Times

Economic Times · 1y ago

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Business Bytes

Business Bytes · 3m ago

Jeff Bezos-Backed Altos Labs Acquires Dorian Therapeutics, NewLimit Raises $130M for Anti-Aging Therapies | DeepNewz VC

Jeff Bezos-backed Altos Labs has acquired Dorian Therapeutics, a small Peninsula company focused on anti-aging technologies. Altos Labs, which has raised $3 billion in funding, aims to explore solutions for longevity and combat aging processes. In another development, NewLimit, another company within the biotech sphere, successfully secured $130 million to support its initiatives. Both acquisitions and funding illustrate the burgeoning interest and investment in anti-aging research and therapies.

The mercurial rise of India-focused LLMs

Livemint

Livemint · 1y ago

The mercurial rise of India-focused LLMs

Bhavish Aggarwal, CEO of Ola, has unveiled Krutrim, a new company focused on artificial intelligence (AI) technologies. Krutrim has released a large generative AI model trained on Indian languages and also revealed plans for cooling technologies for data centers and designing homegrown silicon chips. The aim is to bridge the digital language divide and enable AI models to understand and generate content in Indian languages. Aggarwal's AI ambitions extend beyond the auto sector and align with Ola group's diverse businesses. Ola Electric is also preparing for an IPO, and Krutrim's products and services may be cross-sold to enhance the offerings of Ola group companies.

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