The Weekly Dispatch

Weekly Dispatch:

Welcome to this week's edition of 'The Weekly Dispatch': your go-to source for all things startups! Whether you’re a founder, investor, or just passionate about innovation, this newsletter will provide insights, news, and resources to help you navigate the exciting world of startups. Let’s dive into the latest trends, stories, and strategies that are shaping the future of entrepreneurship!

Startup Spotlight:?

Startup:??Nexstem: They create Brain-Computer Interface (BCI) solutions that help people interact with technology using their brain signals.??Founded in 2020, by Siddhant and Deepansh - engineers with a passion for neuroscience and technology, they’ve been pushing the boundaries of what’s possible in neuro-tech since its first product, the Nexstem V1 in 2022.????????????????????????????????

What they do : At Nexstem, they specialize in non-invasive BCI devices, like their 19-channel headset, Instinct, which comes with a full software ecosystem to decode brain signals. Their goal is to make BCI technology accessible, empowering researchers, clinicians, and developers to innovate and explore new frontiers in brain-computer interaction.

Why they're different:? At Nexstem, they do democratize Brain-Computer Interface (BCI) technology and leverage their expertise in neuro-tech research and engineering to create a comprehensive BCI ecosystem, allowing organizations to integrate BCI into their products effortlessly.

Funding Status: On 7th November 2024, the company raised $3.5 million in its latest funding round, co-led by InfoEdge, Zupee, Smile Group, and Gruhas.

Trending in startups:??

1. Ola is moving closer to its IPO, with the company setting November 14 for an extraordinary general meeting of the members of ANI Technologies Pvt ltd, Ola’s parent
2. Delhivery has granted 11,21,541 stock options to eligible employees under its three different ESOPs according to an exchange filing.
3. CleverTap 's Global CEO Sidharth Malik has stepped down from his role. Co-founder Sunil Thomas has taken over the firm's leadership as the CEO.
4. Cloud gaming platform OnePlay has announced Akshat Rathee, a prominent figure in gaming and esports, has joined as a strategic investor and advisory board member.
5. Razorpay has announced the launch of the Razorpay Venture Investment Program to empower the next generation of B2B innovators.
6. Anup Jain and Rajeev Suri, who left early-stage venture firm Orios Venture Partners as managing partners in Sept-2023, have floated a new investment firm – BlueGreen Ventures

Startup Resources??

Book Recommendation of the Week:

Financial Intelligence: A Manager's Guide to Knowing What the Numbers Really Mean?

If numbers intimidate you, this book is a game-changer. Written by Karen Berman, Joe Knight, and John Case, Financial Intelligence is designed for non-financial managers who want to decode the story behind the numbers.???????????????????????????????????????????????????????????????????????????????????????????????????????????????????

Praised by Inc. magazine as "one of the best, clearest guides to the numbers," this book demystifies financial jargon with practical insights and real-world examples. It’s a must-read for decision-makers who want to bring clarity and confidence to their financial understanding, helping them drive smarter strategies and achieve greater results. Whether you're leading a team or running a startup, Financial Intelligence equips you with tools to navigate the financial side of your business effectively.????????????????????????????????????????????????????????????

Perfect for anyone looking to level up their business acumen! Have you read it?

Startup Accelerator: Razorpay Venture Investment Program

Razorpay has announced the launch of the Razorpay Venture Investment Program to empower the next generation of B2B innovators. The company will provide funding, technology support, and leadership support to B2B startups across various stages of development. The program will invest up to $1 million per startup, targeting early-stage ventures.

Click here for more details: https://razorpay.com/m/ventures/

Events & Networking:

Stay informed about the hottest startup events and conferences happening near you or globally.

The 27th edition of Bengaluru Tech Summit 2024 - November 19-21, 2024 - at the Bangalore Palace.

Click here for details:?https://www.bengalurutechsummit.com/

Startup meme of the week:??

Job Board:?

Open positions at fast-growing startups that are looking for top talent.

1.???Multicoreware - Performance Analyst

Exp: 4 to 8 Years

Location: Chennai

Work Mode: Remote

Click to Apply

2. ?Multicoreware?? - Senior Engineer - Video

Exp: 5 to 9 Years

Location: Chennai

Work Mode: Remote

Click to Apply

3.?Multicoreware - Sales Director

Exp: 10 to 12 Years

Location: Chennai

Work Mode: Remote

Click to Apply

For more such jobs from leading startups follow us?at?yourtribe.io

Quote of the week:????

“Before you are a leader, success is all about growing yourself. When you become a leader, success is all about growing others.” - Jack Welch

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