The 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: Stellapps is an end-to-end dairy technology solutions company. It is the first of its kind startup in India working towards the digitization of the dairy supply chain. Started in the year 2011, they are an IIT Madras incubated, Bangalore based, Internet of Things (IoT) startup with a primary focus on data acquisition and machine learning.

What they do: They digitise & optimise Milk Production, Milk Procurement & Coldchain Management through SmartMoo? platform (Full Stack IoT solution) which helps dairy farmers and cooperatives maximize profits while minimising effort. Currently, the SmartMoo? platform & suite of apps touch over two billion litres of milk annually.

SmartMoo? IoT Platform is the first step towards creating measurable value for all stakeholders including farmers. It provides measurable data for cattle insurance. The SmartMoo? Cloud is capable of supporting data arising out of tens of millions of litres of milk through the milk production, procurement and cold chain flow across millions of farmers.

Why they're different: Stellapps’ SmartMoo? IoT platform acquires data via sensors that are embedded in milking systems, animal wearables, milk chilling equipment, and milk procurement peripherals.

The data acquired is transmitted to the Stellapps SmartMoo? Big Data Cloud Service Delivery Platform (SDP) where the Stellapps SmartMoo? suite of applications analyse and crunch the received data before forwarding the analytics & data science outcome to various stakeholders over low-end and smart mobile devices.

The patent-pending hardware and software is designed to scale horizontally across other industry verticals.

Trending in startups:

1. Early-stage VC firm First Cheque will be investing in 15-20 startups over the next 18 months from its 3rd cohort.
2. Fintech Slice has completed its merger with North East Small Finance Bank (NESFB), effective October 27, 2024.
3. InsuranceDekho and RenewBuy , two major players in India's insurance market, are on the cusp of a merger.
4. Global VC firm Turbostart has launched TS Bridge, an investment platform that connects investors with high-potential startups, enabling them to Co-invest alongside Turbostart.
5. Cashfree Payments has obtained the Prepaid Payment Instrument (PPI) license from the RBI
6. Fintech BharatPe announced the launch of its new investment platform, Invest BharatPe, launching digital gold as the first product on the application.
7. The Karnataka government launched the Karnataka Acceleration Network (KAN), an accelerator programme aimed at supporting growth-stage startups across the state, with a particular focus on regions beyond Bengaluru. KAN will offer mentorship, market access, and funding opportunities to create a thriving startup ecosystem.

Startup Resources

• Podcast Recommendation of the Week ??

This week on The Barbershop, a captivating episode delves into the future of India’s food industry with an impressive line-up of pioneers in food and wellness. Join the conversation as:

Ravi Nigam (Founder, TastyBite), Raghav Verma (Co-founder, Chaayos), Sameer Khetarpal (MD & CEO, Jubilant Foodworks), Shashank Mehta (Founder & CEO, The Whole Truth Foods)

Arjun Purkayastha (Senior VP & MD, Reckitt) …break down essential trends, cutting-edge food technologies, and growth strategies transforming the industry. From healthier ingredients to innovative food solutions, this episode is a must-listen for anyone passionate about India’s evolving food landscape!

Click here to watch The ULTIMATE PLAYBOOK for Building a FOOD EMPIRE in India in 2024: Technology, Trends & More!

• Startup Accelerator:

Idea2PoC / ELEVATE Program - ELEVATE 2024 - by Startup Karnataka

START DATE 29th October 2024 , 5:00 PM: END DATE 29th November 2024, 11:59 PM

The Idea2PoC/ELEVATE program is a Government of Karnataka initiative designed to support and fund innovative startups in Karnataka, helping them validate proof of concept and scale their solutions to the next level.

For more details click here : Elevate 2024 – Challenge - Startup Karnataka

Events & Networking:

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

Startup Investors Forum - Nov 9th 2024, 10.30 am - Nojoto Creator Hub, Delhi, Gurugram

Click here for details: https://insider.in/startup-investors-forum-nov9-2024/event

Startup meme of the week:

Job Board:

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

• SurveySparrow - Account Executive

Exp: 1 to 3 Years

Location: Chennai

Work Mode: In-Office

Click to Apply

• SurveySparrow - Partner onboarding Executive

Exp: 1 to 3 Years

Location: Chennai

Work Mode: In-Office

Click to Apply

• Zitro - Lead Accounts Executive

Exp: 4 to 8 Years

Location: Bengaluru

Work Mode: In-Office

Click to ApplyFor more such jobs from leading startups follow us at yourtribe.io

Quote of the week:

“Success is not final; failure is not fatal: it is the courage to continue that counts.” - Winston Churchill