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2024-06-12T15:32:13.191Z

Top News of the Day: 1. Insurtech startup Finsall has raised Rs 15 crore in bridge funding to establish a non-banking finance company for scaling lending operations 2. The CEO of EdTech company Physics Wallah, Alakh Pandey, has filed a plea in the Supreme Court against the alleged random award of grace 3. Abu Dhabi's sovereign fund ADIA has led a funding round for beauty ecommerce marketplace Purplle, contributing $100 million. 4. Palette Brands (earlier White.Inc), a next-generation consumer goods firm, has raised close to $2 million in its pre-series A round led by Rockstud Capital. 5. Agri-tech startup DeHaat recently conducted its first employee stock ownership plan (ESOP) buyback, benefiting 153 team members worth 10 Cr. 6. Qiro Finance, a decentralized finance (DeFi) company, has raised $1.2 million in its pre-seed round for their new venture, Qiro Finance, led by Alliance 7. Fintech startup CredAble has raised Rs 30 crore ($3.6 million) in debt funding from SIDBI. 8. Foxtale, a direct-to-consumer (D2C) skincare brand, has today announced raising $18 million (approx. Rs 150 crore) in its Series B funding round 9. The quick commerce unicorn Zepto is reportedly in the final stages of raising funds at a valuation between $2.5 billion to $3 billion 10. The quick commerce unicorn Zepto is reportedly in the final stages of raising funds, about $300 Mn at a valuation between $2.5 billion to $3 billion 11. Skye Air Mobility, a drone delivery startup, has raised $8 million (INR 32 Cr.) in a Series A funding round. Stay Updated. Stay Informed. Stay Ahead. Share the Medial App with your network, colleagues, and friends. Let's brainstorm, discuss together and help each other achieve our goals. And don't forget to rate us on the iOS App Store and Google Play Store to help us reach even more amazing people like you.

Inactive

Stealth • 1m

Growth Hacks for AI Startups in 2024 1. AI-Powered Personalization • Use your own AI to tailor user experiences • Example: Netflix's recommendation engine 2. Open API Strategy • Allow developers to build on your AI platform • Success story: OpenAI's GPT model integration 3. Ethical AI Branding • Highlight responsible AI development • Case in point: IBM's "Trusted AI" initiative 4. Freemium Model with AI Tiers • Offer basic AI features free, charge for advanced capabilities • Think: Grammarly's free vs. premium AI writing assistance 5. AI Education Content Marketing • Create tutorials, webinars on AI applications • Inspiration: DeepMind's educational YouTube channel 6. Collaborative AI Projects • Partner with academia or other startups • Example: Google AI's research collaborations 7. AI-Driven Customer Support • Implement AI chatbots for 24/7 assistance • Success: Intercom's Resolution Bot 8. Vertical-Specific AI Solutions • Focus on AI applications for niche industries • Case study: Blue River Technology in agriculture 9. AI Transparency Dashboards • Show users how AI impacts their experience • Idea: LinkedIn's AI-powered job match explanations 10. Community-Built AI Models • Engage users in improving your AI • Example: Hugging Face's open-source model contributions Key Takeaway: Leverage your AI capabilities not just in your product, but throughout your growth strategy. "The best way to predict the future is to create it." Which of these hacks are you most excited to try? Share your thoughts!

2 replies4 likes

Replies (2)

Anonymous 1

Stealth • 1m

AI is the future, but without personalization, it’s just another buzzword. If your AI can’t tailor experiences like Netflix, you’re leaving money on the table. Start with personalization—it’s a no-brainer

0 replies

Arcane

Stealth • 1m

Great share!

0 replies

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