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News on Medial
A Heartfelt Thank You To Our Partners For Making MoneyX 2.0 A Resounding Success
Inc42
·
10m ago
Medial
- MoneyX 2.0 brought together 250+ VCs, PEs, angel investors, family offices, and institutional investors to discuss the impact of domestic capital on India's startup ecosystem. - The event featured prominent investors like Sanjeev Bikhchandani from InfoEdge and Mohit Bhatnagar from Peak XV. - MoneyX 2.0 was held on September 26 at The Oberoi in Gurugram. - The event was supported by partners like Peak XV Partners, Venture Catalysts++, Mobavenue, IVCA, and Bower School of Entrepreneurship. - The main objective of MoneyX 2.0 was to explore the role of domestic capital in further accelerating India's thriving startup ecosystem.
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MoneyX 2.0 Countdown Begins: Stage Is Set For An Action-Packed VC & Angel Conclave
Inc42
·
10m ago
Medial
MoneyX 2.0, a highly anticipated investment conference, will bring together more than 40 industry veterans to discuss key trends in investment classes and the future of venture capital. Attendees will have the opportunity to gain exclusive insights from industry leaders such as Sanjeev Bikhchandani, Apurva Salarpuria, and Mohit Bhatnagar. The event will attract 300 prominent individuals from India's LPs, GPs, angels, family offices, and VCs.
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Stellaris’ Ritesh Banglani Bullish On Fintechs Tapping AA Framework To Drive Growth
Inc42
·
10m ago
Medial
Ritesh Banglani, the co-founder and managing partner at Stellaris Venture Partners, believes that fintech startups utilizing the account aggregator framework will be the next success story in India's fintech sector. Speaking at Inc42's MoneyX 2024 event, Banglani expressed his optimism about these startups building new products and business models. He also noted that most venture capitalists are currently investing in regulated fintech entities or those operating in sectors with clear regulatory paths.
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A lot of Redditors hate the Reddit IPO
The Verge
·
1y ago
Medial
The upcoming initial public offering (IPO) of Reddit has sparked concerns and skepticism among Redditors themselves. Many question Reddit's ability to monetize its user base and become profitable, noting the company's history of losses and lengthy risk factors section in its IPO filing. While some Redditors appreciate the offer of buying shares as a thank you for their contributions, others perceive it as a gimmick, requiring them to potentially pay for the privilege of content moderation. Additionally, concerns have also been raised about Reddit's CEO, Steve Huffman, and his decision-making. Overall, the sentiment among Redditors towards the IPO is cautious and mixed.
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IVY Growth Associates’ “21BY72 Startup Summit” a resounding success
VCCircle
·
1y ago
Medial
The "21BY72 Startup Summit" organised by IVY Growth Associates was a major success, attracting over 20,000 participants including startup founders, investors, and industry leaders. The event provided networking opportunities and insights into technology, business, and entrepreneurship trends. Notable speakers included Anupam Mittal, founder of shaadi.com, and Bollywood actress Radhika Madan. The summit, aiming to strengthen the startup ecosystem, featured a live pitching event where startups presented their ideas to investors and advisors. IVY Growth Associates has invested in various sectors and is focused on expanding its global corridor connecting angel investors and startups. The summit positioned Surat as a promising startup hub in India.
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Investors Need To Identify Early Stage Gems To Chart Growth Roadmap: Sanjeev Bikhchandani
Inc42
·
10m ago
Medial
Info Edge founder and vice executive chairman, Sanjeev Bikhchandani, highlighted the importance of identifying early-stage startups with potential for investment success. Speaking at Inc42's MoneyX 2024 event, Bikhchandani advised investors to exercise patience and take calculated risks when investing in unlisted companies and early-stage funds. He mentioned the example of Info Edge's investment in Zomato, where they saw promise in the startup's founder, Deepinder Goyal, despite it being a high-risk venture initially.
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Google introduces AI Mode in Search, expands AI Overviews with Gemini 2.0
YourStory
·
5m ago
Medial
Google has introduced Gemini 2.0 to enhance AI-powered search capabilities, offering improved complex query responses in coding and math, and making AI Overviews more accessible. Additionally, Google launched AI Mode, an experimental feature providing deeper, structured responses using a custom Gemini 2.0 version. This allows users to ask complex questions and receive detailed, real-time data-backed answers. Google is refining its AI tools for better accuracy and user experience, with future enhancements planned based on user feedback.
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Saarathi Finance secures Rs 475 Cr equity capital
Entrackr
·
2m ago
Medial
Saarathi Finance secures Rs 475 Cr equity capital Non-Banking Financial Company (NBFC) Saarathi Finance has closed its inaugural funding round of Rs 475 crore, co-led by TVS Capital Funds, Lok Capital, Evolvence Equity Partners, Paragon Partners, and other angels collectively contributing about Rs 350 crore. Vivek Bansal and Sunil Daga also infused the remaining amount. The Series A investment values Saarathi Finance at over Rs 900 crore. The capital infusion will support its aim to bridge the significant credit gap faced by MSMEs, particularly in underserved semi-urban and rural regions across Tamil Nadu, Telangana, Andhra Pradesh, Karnataka, Rajasthan, and Uttar Pradesh. Saarathi Finance's approach combines technology-driven solutions with personalized customer engagement, offering both secured and unsecured loans tailored to the unique needs of MSMEs. The company's emphasis on flexible income assessment and rapid loan processing aims to make credit more accessible to entrepreneurs traditionally overlooked by formal financial institutions. “We are committed to empowering Bharat’s entrepreneurs by providing more than just credit – a partnership that values and supports their growth. This funding milestone enables us to accelerate our mission, ensuring every stakeholder, from entrepreneurs to investors, is valued and cared for in our journey. With heartfelt gratitude to our stakeholders, friends, and family, we embark on this exciting journey,” said Vivek Bansal, founder & CEO of Saarathi Finance.
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Gemini 2.0 is available to everyone: Here’s everything that’s new | Mint
Livemint
·
6m ago
Medial
Google has launched Gemini 2.0, its new AI model, featuring the widely available Gemini 2.0 Flash in the Gemini app, promising advancements for developers. Alongside this, Gemini 2.0 Pro, an experimental version, is introduced, targeting complex tasks with a 2 million token context window for enhanced understanding and reasoning. A cost-effective Gemini 2.0 Flash-Lite model with a 1 million token context window is also available for preview, promising comparable performance and speed.
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You're such a hack bro: Kunal Kamra on Zomato CEO Deepinder's world record post
News 18
·
1y ago
Medial
Comedian Kunal Kamra criticised Zomato CEO Deepinder Goyal for sharing a post on setting world record for largest first-aid lesson at a single venue with 4,300 delivery partners. Kamra questioned Goyal on delivery partners' average income and working hours and said, "You can't [declare that]...But you can tell kgs of biryani ordered in one day. You're such a hack bro."
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Google in 2025: Sundar Pichai reveals AI plans for this year; ‘progress is amazing’ | Mint
Livemint
·
6m ago
Medial
Google CEO Sundar Pichai has announced upcoming AI products set to launch this year. In a staff email, Pichai highlighted the success of 2024's innovations like Gemini 2.0 and others across various platforms including Search, YouTube, and Android. He credited Google's achievements to their technical and AI leadership, emphasizing the company's full-stack approach. This foundation enables ongoing development and inspiration across Google’s product ecosystem.
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