202425 Apr

Startup news and updates: daily roundup (April 25, 2024)

Summary

Its AI-powered product turns ordinary screen recordings into highly engaging videos and step-by-step articles with screenshots and GIFs.Clueso was also selected in the winter cohort of Y Combinators early-stage startup accelerator programme in April 2023.D2C mens grooming brand Svish received an undisclosed investment in a bridge round from Indian cricketer Shikhar Dhawan, Ruchirans Jaipuria, and other angel investors.With this, Dhawan has also become a brand ambassador for Svish. It also plans to unveil the first fully functional prototype to demonstrate the AI in action.Healthcare AI startup Endimension Technology raised Rs 6 crore in a pre-Series A round led by Inflection Point Ventures, SucSEED Indovation, SINE IIT Bombay, and individual angel investors.It will utilise the funds in AI research and development, team expansion, and software enhancement to bolster its market position, accelerate growth, and establish Endimension as an industry leader.IIT Madras announced the top 25 teams of its fourth cohort of the annual Carbon Zero Challenge, a pan-Indian competition to encourage startups in the sustainability sector.The CZC 4.0, launched in January 2024, has provided funding to 100 teams with over Rs 5 crores in total. The theme for this contest is Circularity in Resource Conservation, covering domains such as air, energy, material, soil, and water.Over the next few months, mentors will provide dedicated support, covering crucial topics such as customer discovery, customer research, startup fundamentals, business modelling, ethical and sustainable leadership, impact measurement and reporting, and an introduction to UN Sustainable Development Goals (SDGs).mjvaluemart, mjunctions online marketplace for unused surplus MRO spares, has joined the Open Network for Digital Commerce (ONDC). The system translates these captured hand movements into the games steering commands for virtual cars.Khan is also developing a sign language translation model using TensorFlow and Python to bridge the communication gap for the deaf and hard-of-hearing community.Healthcare company EzeRx appointed Arnab Bhattacharya as Sales Director, who will spearhead the commercialisation strategy and sales efforts for the companys innovative medical device scheduled for launch later this year.Bhattacharya brings over 22 years of experience driving revenue growth and building high-performing sales teams in the pharmaceutical industry across diverse geographies in India.Before joining EzeRx, he served as Zonal Manager at Nutrigold India in Delhi, overseeing operations across Delhi-NCR, Chandigarh, Punjab, Rajasthan, Uttarakhand, Jammu and Kashmir, and western Uttar Pradesh. The programme provides three months of equity-free support to startups solving problems across varied industries and use cases using AI.Selected startups will receive guidance on building human-centred and responsible AI solutions, access to the Google mentor network, training across design, marketing, and leadership, and access to tech stack credits and state-of-the-art AI tools.Indian startups that use AI in their core solution or product, including generative AI, and are preferably between seed to Series A stages, can apply.MedRabbits, a healthcare solutions provider in Mumbai and Pune, is expanding its home healthcare services to Chennai, starting this April.The service expansion is designed to encompass a comprehensive range of medical needs, from routine check-ups to specialised post-operative care, ensuring every individual receives personalised healthcare.ProClime announces new initiatives at the Tamil Nadu CII Conference on carbon neutralityProClime, a unified service provider in the climate space across Singapore, India, and Sri Lanka, launched two initiatives at the Tamil Nadu CII Conference on carbon neutrality.First, it will partner with European partners to offer carbon credits for e-mobility.

Source: Yourstory

Funding

$2.5M
Amount
Apr 25 2024
Date
-
Investor
Flashaid
Company

Classifications

Companies