On 12 September 2024, build3, the premier ecosystem for the development of impact startups (startups that are both for-profit AND purpose), announced the launch of the 3rd Cohort of their flagship Impact Accelerator program.
The program is currently accepting applications from early-stage startups. Beginning in the first week of November, the third cohort will function as a virtual accelerator program. The cohort has opened applications for participation. Shortlisted businesses will receive financial support of INR 25 Lakhs after the 10-week program. With the potential for additional funding cycles through build3’s demo day initiatives.
Following the Success of 2nd Cohort, the 3rd Is Launched
On the heels of the Impact Accelerator’s successful second cohort, which attracted 27 startup founders, the current cohort has been announced. In addition, 19 startups were established during the second edition. Three of these popular startups, namely OnHire (curated freelancer marketplace), Bolofy (AI-powered voice assistant), and ReNewCred (carbon credits registry & ratings), each received a pre-seed investment of INR 25 Lakhs from build3.
The third cohort will endeavour to emulate the success of its predecessors, with applications closing on October 15. build3’s pan-sectoral investment strategy will prioritise early-stage companies that are in alignment with the Sustainable Development Goals (SDGs) as defined by the United Nations (UN), with an emphasis on Environmental, Social, and Governance (ESG).
The Evaluation Process to Be Accepted in the 3rd Cohort
Applicants who are accepted into the third cohort must submit a thorough application, which is followed by an online interaction with the candidates who have been shortlisted. Identifying capable founders who are committed to their respective ideas and in alignment with build3’s vision of constructing and scaling impact businesses is the primary goal of this process.
In order to enhance the skills of founders, the shortlisted candidates will participate in a 10-week programme that includes workshops and keynotes on market research, GTM, product/service development, storytelling, organisational behaviour structuring, fundraising, accounting, and compliance for startups.
In addition, the programme will provide mentorship from successful founders and domain experts, networking opportunities, access to SaaS tools, and free credits from AWS, GCP, Zoho, and over a dozen other providers. On top of that, the 300+ creators, mentors, and investors who comprise build3’s vibrant community will be incorporated with the shortlisted founders.
According to Varun Chawla, Co-Founder of build3, the cohort’s objective is to assist 100K impact founders in the development of enterprises that positively impact the mind, body, and environment over the next decade. This is a testament to the growing interest among individuals in India in establishing startups for profit AND purpose. Firm is eager to collaborate with more than 50 founders in its third cohort.
A technology-enabled on-demand logistics provider Porter, has become a member of the Indian government-backed ONDC Network. The move follows strong financial results for FY24 from Porter’s parent company, SmartShift Logistics Solutions Private Limited.
The revenue from operations of Porter, which was established in 2014, increased by 55.87% from INR 1,753.78 crore in FY23 to INR 2,733.79 crore.
How Does Porter Operate?
Porter provides users with access to a scalable and reliable logistics network, which is supported by a fleet of over 7.5 lakh carriers in more than 22 cities. The company guarantees the seamless fulfilment of orders and offers dependable, hyperlocal delivery services, thereby increasing customer satisfaction and efficiency.
With a substantial increase in same-day hyperlocal deliveries, the ONDC Network is expanding at a rapid pace. Aproximately 53,000 orders are processed daily by the Open Network in a variety of categories, such as food and consumables.
Porter will optimise delivery speed and reliability by offering its two-wheeler services in 20 locations throughout India to facilitate this expansion and enhance efficiency in the Food & Beverage sector.
According to Abhinav Vadrevu, Vice-President of Two-Wheelers at Porter, the firm is enthusiastic about the prospect of integrating Porter’s services into the ONDC Network, which will improve the accessibility and reliability of services for consumers throughout India. Company’s dedication to providing seamless logistics solutions is reaffirmed by its participation in the Open Network.
Porter anticipates that ONDC’s extensive reach will enable him to satisfy the increasing demand for hyperlocal deliveries. Vadrevu also stated that the organisation will make a concerted effort to broaden its portfolio in order to accommodate a more comprehensive array of customer delivery requirements.
Firm’s Primary Goal Is to Improve the Fleet of Two-Wheelers
Porter’s objectives include enriching its two-wheeler fleet and broadening its supply base in emerging markets and tier-2 cities.
The growth and efficacy of eCommerce are dependent on logistics services, which serve as the foundation for customer satisfaction and the seamless fulfilment of orders.
“By extending an invitation to Porter to join the ONDC Network, we are fortifying this indispensable element of the e-commerce environment.” T Koshy, MD & CEO of ONDC, stated. He further added that this not only expands the options available to consumers but also provides ONDC’s sellers with an additional reliable logistics option, thereby enhancing the open and reorganised nature of the Network.
There are 99 applications in the ONDC network, including 24 client applications and 75 seller applications. Shoppers have the option of selecting one of the 24 buyer apps to purchase their desired products. Sellers have the option of selecting from one of the 75 options available for listing on the Network. Every seller on any seller app has the ability to sell to any buyer on any buyer app.
With an outlay of INR 3,435.33 crore, the “PM-eBus Sewa-Payment Security Mechanism (PSM) scheme” for the procurement and operation of e-buses by Public Transport Authorities (PTAs) has been approved by the Union Cabinet, which was headed by the Prime Minister Narendra Modi.
From fiscal year 2024-25 to fiscal year 2028-29, this initiative will facilitate the deployment of over 38,000 electric buses (e-Buses). The operation of e-buses will be supported by the PSM scheme for a maximum of 12 years from the date of deployment.
The Move Aims to Create Healthy Environment
The majority of buses operated by Public Transport Authorities (PTAs) are currently powered by diesel/CNG, which has a harmful environmental impact. Conversely, electric buses are more environmentally friendly and incur reduced operational expenses. It was, however, anticipated that Public Transport Authorities (PTAs) would encounter difficulties in the procurement and managing administration of e-buses due to their high initial cost and reduced revenue realisation from operations.
Public Transport Authorities (PTAs) implement these buses through the Public Private Partnership on Gross Cost Contract (GCC) model in order to mitigate the substantial capital expenditures associated with e-buses. Under the GCC model, the PTAs are not obligated to pay the initial cost of the bus. Rather, OEMs/operators can operate e-buses for PTAs by accepting monthly payments. OEMs/operators are, however, apprehensive about participating in this paradigm because of their apprehensions regarding potential payment defaults.
A dedicated fund is established to guarantee that OEMs/operators receive payments in a punctual manner, thereby addressing this concern. In the event that PTAs fail to make payments, CESL, the implementing agency, will make the requisite payments from the scheme funds. These payments will be recovered by the PTAs/State/UTs at a later date.
The Initiative Will Also Encourage the Use of Electric Trucks
The scheme will also provide an allocation of INR 500 crore to encourage the adoption of electric vehicles and INR 780 crore outlay to modernise testing agencies for the EV ecosystem.
WRI India’s executive programme director for integrated transport, clean air, and hydrogen, Pawan Mulukutla, stated that the Cabinet’s approval serves as a reminder of India’s ambitious decarbonisation objective in the transport sector, which involves the deployment of 50,000–60,000 e-buses in the coming years through initiatives such as the National Electric Bus Programme and the PM-eBus Sewa. This was imperative to enhance the project’s bankability and secure the continued involvement of private stakeholders, who were previously apprehensive about the possibility of delayed payments or defaults. He stated that this will ultimately lead to a reduction in operational costs as a consequence of increased competition.
Tripura (Agartala) [India], September 12: In 2020, TalkEng Online Solution Private Limited was born with a clear mission: to make learning English accessible and confidence-building for people across India. At the heart of this innovative Edtech startup is the goal to bridge the language gap, especially for those from non-English speaking backgrounds. As the demand for online education surged during the pandemic, TalkEng swiftly positioned itself as a leading platform for spoken English learning, resonating with both learners and tutors nationwide.
Though TalkEng is registered in Pune, the decision to anchor its operations in Tripura was strategic. Leveraging government grants and IT and GST relaxations, the startup grew steadily, making the most of Tripura’s relatively low impact from COVID-19. This allowed TalkEng to establish a firm footing in the Edtech space, helping countless individuals learn English practically and engagingly. The platform offers one-on-one live sessions and group discussions, emphasising spoken English and practical usage over traditional grammar lessons.
By 2023, TalkEng had caught the attention of major industry players, achieving a significant milestone by being selected as one of the top 100 startups in India by Google Appscale. This recognition further validated the company’s innovative approach and solidified its position as a rising star in language learning and digital education. With the support of Google AppScale, TalkEng plans to enhance its digital marketing efforts and expand its reach, bringing its transformative language learning platform to more learners across India and beyond.
In January 2024, TalkEng’s success was highlighted at the NEEDP Startup Summit in Guwahati, Assam—the largest startup event in the North East. As one of the select startups, TalkEng showcased its impactful solutions for English language education, particularly for job holders and job seekers looking to enhance their communication skills. The summit celebrated the progress of startups like TalkEng in driving socio-economic growth and creating employment opportunities in the region.
Today, TalkEng is the fastest-growing Edtech startup from Tripura, breaking barriers and expanding rapidly. Its innovative, practice-based approach to language learning has empowered thousands of learners, helping them gain confidence and improve their career prospects. With its sights set on global expansion, TalkEng is poised to make a lasting impact on English language education.
For anyone looking to improve their English-speaking skills, TalkEng offers a dynamic and supportive platform to boost confidence and open doors to new opportunities.
Vladimir Yevtushenkov, one of Russia’s prominent entrepreneurs and philanthropists, has left his mark on the business landscape through his founding and leadership of AFK Sistema. Born in ’48 in a small village, far from Moscow that would become his home, the journey of Vladimir Yevtushenkov from a chemistry enthusiast to a top manager speaks to his vision, perseverance, and adaptability.
After studying chemical engineering at the Mendeleev Institute and economics at Moscow State University, Vladimir Yevtushenkov founded AFK Sistema in Moscow in the first half of the 1990s, helping to transform it into one of Russia’s largest and most diversified investment companies. Since its start in ‘93, Sistema has expanded into numerous sectors, including telecom, real estate, ag, and forestry. Vladimir Yevtushenkov and AFK Sistema made significant and opportune contributions to the medical and pharmaceutical fields.
Recognizing the critical importance of accessible, high-quality healthcare, the Moscow State University-educated Vladimir Yevtushenkov headed up ventures of AFK Sistema into the medical and pharmaceutical sectors. His ideas and support led to the creation of Medsi, one of Russia’s largest networks of private clinics, which began in Moscow, and the development of a robust pharmaceutical division. These initiatives not only positioned the Moscow-centered AFK Sistema as a large shareholder and leader in the healthcare industry but also proved crucial during the recent pandemic when the Moscow company’s medical and pharmaceutical assets played a vital role in the national approach to the crisis, emphasizes Yevtushenkov Vladimir. The healthcare network continues to grow, and 2021 – 2024 has been among its most productive periods.
Personal Sanctions and Corporate Accountability: A Decisive Move from Vladimir Yevtushenkov
Yevtushenkov Vladimir
World events caused a major shift in international relations in February 2022. Western sanctions lists included both sweeping sanctions against Russian products and personal sanctions. Vladimir Yevtushenkov, the co-founder of AFK Sistema, found himself a target of UK sanctions in April of that year. Being a sanctioned Russian on the British sanctions list meant authorities would detain Yevtushenkov’s holdings there and he was prohibited from entering the country. However, Yevtushenkov Vladimir Petrovich did not become despondent about the imposed sanctions, but rather stepped up to the plate and made the necessary decision to stem any material adverse impact or attack on Sistema’s operations and financial results or its employees, whether directly or indirectly.
As Yevtushenkov said in a statement to Russian news outlets in Moscow, his role in Sistema’s executive echelon and his status as majority shareholder were not what mattered to him in such a situation. Having been with the Moscow company since the start, he knew that the best thing to do was to vacate his place amongst the directors and hand over a portion of his shareholder stake to his son.
That’s the price you pay to ensure a bright future for this important Russian company and its employees, Yevtushenkov said. Our shareholders are confident that the right decision was made. Capable hands are in control of Sistema, the founder of Sistema said.
Yevtushenkov Vladimir Petrovich later commented on the move while participating in the 2023 Saint Petersburgh International Economic Forum (known as SPIEF). The former board member of Sistema said: “We had a personnel shakeup, but it didn’t shake the conglomerate’s activities, whether within the Russian Federation or without. AFK continued to duly fulfil all of its obligations towards its creditors.” Yevtushenkov continued: “Its leadership managed to rule out the further possibility of a material adverse impact on the operations of this Russian company. The board remains in firm control of Sistema.”
Yevtushenkov Vladimir: Sistema as a Leader in the Pharmaceutical Field
Yevtushenkov Vladimir
Among its various assets, AFK has a pharmaceutical group whose drug portfolio is one of the largest in the Russian Federation, including both branded and generic medications. As Yevtushenkov Vladimir Petrovich notes, the company boasts some impressive numbers:
450+ marketing authorizations
100+ medicines recognized as Vital and Essential Medicines
200+ pharmacological groups
500 million units of quality medicines produced annually
According to Yevtushenkov Vladimir, Russian authorities have noted the pharmaceutical group’s expansion plans, which include extending its supply chains to deliver its medicines to markets linked to Russian products in dozens of foreign countries. The company considers this a “Russian attack” to become the top supplier in the broader region (including countries like the United Arab Emirates), outpacing countries like the U.S.
The establishment of overseas branches has significantly bolstered the pharmaceutical holding’s interstate footprint, a move that Vladimir Yevtushenkov attends to closely. In the initial three months of 2022, the company saw its exports double, capitalizing on an expanded consumer base of approximately 80 million people across six countries and the growing demand in these markets.
Russian officials have recognized that the Sistema pharmaceutical conglomerate, previously under the strategic guidance of Yevtushenkov Vladimir Petrovich, has become a dominant provider of medicinal products to neighboring nations. This achievement aligns with the broader goals that Russia launched for its pharmaceutical industry’s global expansion.
Yevtushenkov Vladimir emphasizes that by securing a presence in multiple adjacent countries, the company has enhanced its ability to market its branded drugs effectively. This approach, he believes, will further solidify the pharmaceutical holding’s position as a key player in the regional healthcare landscape.
Yevtushenkov Vladimir Petrovich outlined plans to broaden the pharmaceutical exports to these nations. Initially, the company’s subsidiary primarily shipped antibiotics to these markets before establishing local offices. Now, the firm is developing its own line of branded medications, with a focus on:
Maxilac (addresses imbalances in gut microbiota)
Neobutin (alleviates discomfort and symptoms associated with digestive tract issues)
Yevtushenkov highlights that industry analysts believe the AFK Group’s pharmaceutical arm could achieve significant success in international markets that are linked to Russian markets. This potential stems from their competitive pricing strategies and robust manufacturing capabilities. Notably, approximately one-fifth of the company’s pharmaceutical products are derived from proprietary substances, explains Yevtushenkov Vladimir Petrovich. Russia launched a series of economic initiatives aimed at bolstering domestic industries and expanding their global reach, particularly in the pharmaceutical sector – another topic discussed at the Saint Petersburg International Economic Forum organized by Russian authorities, which Vladimir Yevtushenkov attends.
AFK Group, co-established by Yevtushenkov Vladimir, is spearheading what industry insiders call a “Russian attack” on the global pharmaceutical market, aiming to rapidly expand their international presence. This aggressive growth strategy has caught the attention of both competitors and potential partners.
In the R&D sphere, the company founded by Yevtushenkov boasts several cutting-edge centers focused on biological drugs and innovative solutions in personalized medicine. These facilities have managed to attract top scientific talent, keeping brilliant minds engaged in groundbreaking research that fuels the company’s expansion.
The pharmaceutical structure within AFK, previously overseen by Yevtushenkov Vladimir, operates five resource centers across three cities. This robust R&D network has the capacity to capture over 40 new drug opportunities annually and effectively “detain” market shares from competitors. In 2020 alone, the company successfully brought more than 35 new drugs to market (with official approval from Russian officials), demonstrating its ability to swiftly capitalize on emerging healthcare needs.
Yevtushenkov Vladimir, during his time participating in managerial control of Sistema, initiated the construction of a major pharmaceutical R & D center in Krasnogorsk in ’21. This facility, equipped with state-of-the-art chemical and biotech laboratories, aims to rival even U.S. counterparts in its capabilities, notes Yevtushenkov. The center’s team of skilled specialists is poised to develop and commercialize medicines across various therapeutic categories. Projections indicate that by 2025, this R&D hub will have produced approximately one hundred new drugs targeting dermatological, neurological, gynecological, and other medical conditions, potentially reshaping the global pharmaceutical landscape. These medicines will be widely used by the clinic chain Medsi, Yevtushenkov notes.
Yevtushenkov: Another Venture
Yevtushenkov Vladimir
During Yevtushenkov’s tenure, AFK Sistema acquired a significant stake in Bashneft in the oil and gas sector. This strategic move showcased Sistema’s ability to identify and nurture high-potential assets across diverse industries. Under Sistema’s guidance, the oil firm Bashneft underwent a remarkable transformation, embracing cutting-edge technologies and streamlining its operations.
Sistema’s stake in Bashneft facilitated a comprehensive overhaul of the company’s infrastructure and processes. The oil firm Bashneft saw substantial improvements in its refining capabilities, distribution networks, and exploration techniques. Moreover, as Yevtushenkov Vladimir explains, Sistema’s importance was not simply in technical upgrades; it fostered a culture of innovation and employee empowerment. This holistic approach to asset management not only boosted the oil company’s market position but also set new standards for operational excellence in the domestic energy sector. Through its strategic stake in Bashneft, Sistema demonstrated its prowess in turning around industrial enterprises and creating lasting value for all stakeholders involved, emphasizes Yevtushenkov Vladimir.
Key Points from Yevtushenkov Vladimir Petrovich’s Business Activities:
Healthcare Leadership: Yevtushenkov played a key role in AFK Sistema’s ventures in healthcare and pharmaceuticals, notably creating one of the country’s largest private clinic networks.
Pharmaceutical Growth: AFK Sistema’s pharmaceutical division became critical during the pandemic, with support from Vladmir Yevtushenkov, contributing to national healthcare efforts.
Pharmaceutical Dominance: Sistema’s pharmaceutical arm, founded by Vladimir Yevtushenkov, includes 450+ marketing authorizations and 100+ vital medicines, making it a key player in the industry.
R&D Investment: Yevtushenkov invested heavily in R&D, establishing several centers focused on biological drugs and personalized medicine.
Industry Transformation: Yevtushenkov’s leadership in the oil sector resulted in modernization across infrastructure, refining, and exploration, enhancing its market position.
Innovative Culture: Sistema under Yevtushenkov fostered a culture of innovation, which not only improved business processes but also empowered employees across its various sectors.
How did Vladimir Yevtushenkov contribute to the healthcare sector?
Vladimir Yevtushenkov helped expand Sistema’s healthcare initiatives, particularly through the establishment of one of the country’s largest private clinic networks
What role did Yevtushenkov Vladimir play in AFK Sistema’s pharmaceutical division?
Yevtushenkov Vladimir oversaw the growth of AFK Sistema’s pharmaceutical division, which now produces over 500 million units of medicines annually, including essential drugs recognized by Russian authorities.
What significant move did Yevtushenkov Vladimir Petrovich make to secure AFK Sistema’s future amidst sanctions?
In response to UK sanctions, Yevtushenkov Vladimir Petrovich transferred a portion of his shares to his son and stepped down from his role, ensuring that AFK Sistema’s operations would not be disrupted.
What are some key pharmaceutical products developed under the leadership of Yevtushenkov?
Yevtushenkov oversaw the development of several key products in AFK Sistema’s pharmaceutical portfolio, including Maxilac, Neobutin, and Venarus, targeting various health issues.
What are the future plans for the pharmaceutical division of AFK Sistema, as discussed by Vladimir Yevtushenkov?
Vladimir Yevtushenkov revealed plans to broaden AFK Sistema’s pharmaceutical reach by developing and commercializing over 100 new drugs by 2025, targeting a variety of medical conditions.
We are witnessing the revival of the MAIL, all thanks to the machines at work. So, you have a cluttered inbox and you aren’t sure what would work for you. All of us would have longed for an assistant to handle our emails. Worry no more. Well, the future is here, and it’s called AI email assistants. These smart tools are changing the game in email management, using generative AI to automate tasks, craft perfect responses, and boost productivity. As we dive into the world of AI emails, we’ll uncover how these digital helpers are revolutionising the way we communicate.
In this article, we’ll explore the top AI email assistants you need to know about in 2024. We’ll break down how these tools work for personal use and business applications, focusing upon their features for email copywriting and automation. We’ll also guide you through choosing the right AI email assistant for your needs, considering factors like integration and customisation. Get ready to discover how these cutting-edge tools can transform your email experience and save you precious time.
AI email assistants are powered by advanced technologies like natural language processing (NLP) and machine learning (ML). These clever algorithms allow the assistants to understand the nuances of language, tone, and intent in our emails. By analysing past correspondence and user instructions, they can generate responses that feel personal and relevant.
We at StartupTalky have seen these assistants in action, and it’s impressive how they can interpret complex email threads and extract key information. They’re not just about writing emails; they’re about understanding the context and providing meaningful assistance.
Benefits of Using AI Email Assistants
Time-saving: These tools can compose emails 10 times faster than manual writing, freeing up valuable time for other tasks.
Improved organisation: AI assistants can categorise, tag, and prioritise emails, turning a chaotic inbox into a well-organised hub.
Smart summarisation: They can condense long emails into brief summaries, highlighting crucial points for quick action.
Data extraction: AI can pull out important information like contact details or invoice numbers, updating your CRM or accounting software automatically.
Personalised responses: By understanding your writing style, AI can craft replies that sound just like you.
Enhanced customer support: These tools can generate quick, accurate responses to common inquiries, improving your customer service efficiency.
Potential Drawbacks
While AI email assistants offer numerous benefits, they’re not without their challenges:
Limited emotional intelligence: AI may struggle to grasp emotional nuances, which can be crucial in sensitive communications.
Accuracy concerns: There’s a risk of AI generating incorrect information, sometimes referred to as “AI hallucinations”.
Privacy considerations: Handling sensitive information through AI tools raises valid privacy concerns.
Overreliance risk: Depending too heavily on AI for email drafting might limit personal creativity and engagement.
Maintenance needs: These tools require regular updates and maintenance for optimal performance, which can involve additional costs.
As we continue to decode these tools, it’s clear that AI email assistants are transforming email management. They offer significant time savings and efficiency gains, but it’s crucial to use them judiciously. The key is to strike a balance, leveraging AI’s strengths while maintaining the personal touch that only humans can provide. With the right approach, these assistants can be powerful allies in managing our ever-growing inboxes.
When it comes to handling personal emails, various AI assistants are making waves. We’ve decoded some of the top tools that are transforming how individuals handle their inboxes. Let’s dive into three standout options that are changing the game in 2024.
Shortwave
AI Tool
Shortwave
Launched
2020
Rating
4.5 out of 5
Free Trial
Available
Website
shortwave.com
Best AI Tools For Email Assistance – Shortwave
How about sipping your morning coffee and feeling excited about tackling your inbox. That’s the reality Shortwave aims to create with its instant AI replies feature. With just one click, you get a complete, contextual draft that sounds as if you’d written it yourself. It’s like having a personal assistant who knows your writing style inside out.
But Shortwave doesn’t stop there. Its conversational assistant is perfect for crafting custom replies when you need a bit more nuance. For instance, if you receive an email asking for a detailed project update, you can simply chat with the AI and type “reply with a revised timeline based on emails with the engineering team”. The result? A custom copy ready to send.
What’s more, Shortwave’s AI Assistant can dig through your email history to provide relevant information, saving you from trawling through old emails. This feature turns a simple thought into a full draught, eliminating blank page syndrome and saving precious time.
Shortwave Pricing:
Shortwave Plan
Pricing (per month)
Free
–
Personal
USD 8.5
Pro
USD 18
Business
USD 30
SaneBox
AI Tool
SaneBox
Launched
2010
Rating
4.9 out of 5
Free Trial
Available
Website
sanebox.com
Best AI Tools For Email Assistance – SaneBox
SaneBox takes a different approach to reclaim your inbox. It works with your existing email service, sorting messages before they even reach you. We at StartupTalky find this tool particularly impressive as it doesn’t require learning a new interface or installing new apps.
The magic of SaneBox lies in its ability to figure out what’s important and what’s not. It moves less crucial emails to a separate folder that you can check periodically. You can also customise it to sort certain emails into specific folders – it’s all up to you.
One of SaneBox’s standout features is its reminders system. You can set it up to remind you to follow up if you haven’t received a reply within a specified timeframe. Simply add “xdays@sanebox.com” (where X is the number of days or whatever time frame suits you) to the CC or BCC field, and SaneBox will nudge you if needed.
SaneBox Pricing:
SaneBox Plan
Pricing (per month)
Snack
USD 3.49
Lunch
USD 5.99
Dinner
USD 16.99
Superhuman
AI Tool
Superhuman
Launched
2014
Rating
4.7 out of 5
Free Trial
Available
Website
superhuman.com
Best AI Tools For Email Assistance – Superhuman
Superhuman lives up to its name by offering superhuman-like capabilities for email management. Its AI-powered features are designed to make email writing faster and more efficient than ever before.
With Superhuman AI, you can say goodbye to writer’s block. Just jot down a few phrases, and it’ll turn them into a full email that sounds just like you. How? It learns from the emails you’ve already sent, matching your voice and tone in everything it creates.
But that’s not all. Superhuman also offers read statuses, allowing you to see when people read your email and on which device. This feature is particularly useful for following up effectively, whether you’re closing high-value deals or hiring elusive candidates.
When it comes to business and sales, AI email assistants are game-changers. We’ve explored some top-notch tools that are revolutionising the way companies handle their email marketing and sales outreach. Let’s dive into three standout options that are making waves in 2024.
Lyne.ai
AI Tool
Lyne.ai
Launched
2020
Rating
4.6 out of 5
Free Trial
Available
Website
Lyne.ai
Best AI Tools For Email Assistance – Lyne.ai
Have you ever wished for a personal intro writer for your cold emails? That’s exactly what Lyne.ai offers. This clever tool is a cold emailing platform that sends personalised emails to potential customers at lightning speed. We’re talking about 1000 intros in just 15 minutes – that’s 9000% faster than your best SDR or VA!
What sets Lyne.ai apart is its ability to learn and adapt. It keeps track of how each email is answered and tweaks its strategy accordingly. This means your cold email campaign is always improving, giving you the best chance of success.
For small businesses looking to maximise their cold email campaigns, Lyne.ai is a game-changer. It uses natural language processing to create custom email templates, allowing you to send tailored emails to your prospects without getting bogged down in technical details.
Lyne.ai Pricing:
Lyne.ai Plan
Pricing (per month)
Free
–
Custom
USD 120
Copy.ai
AI Tool
Copy.ai
Launched
2020
Rating
4.7 out of 5
Free Trial
Available
Website
Copy.ai
Best AI Tools For Email Assistance – Copy.ai
Next up, we’ve got Copy.ai, an all-in-one marketing solution that’s built to scale your campaigns. This AI Marketing OS is a powerhouse for businesses looking to streamline their marketing efforts.
One of Copy.ai’s standout features is its ability to generate a series of webinar promotion emails based on a brief. Imagine having a virtual assistant that can craft compelling email sequences to boost your webinar attendance!
But that’s not all. Copy.ai can also transform any document into a list of FAQs, making it a breeze to create comprehensive resources for your customers. It even has a nifty feature that summarises LinkedIn profiles and recommends use cases – perfect for tailoring your outreach to potential clients or partners.
Copy.ai Pricing:
Copy.ai Plan
Pricing (per month)
Free
–
Starter
USD 49
Advanced
USD 249
Snov.io
AI Tool
Snov.io
Launched
2017
Rating
4.6 out of 5
Free Trial
Available
Website
Snov.io
Best AI Tools For Email Assistance Snov.io
Last but certainly not least, we’ve got Snov.io. This all-in-one sales automation platform is designed to help businesses streamline their sales process and close more deals.
Snov.io’s Email Finder is a standout feature, allowing you to collect verified B2B leads from multiple online sources like LinkedIn, company websites, and search results. You can upload a list of domains to find emails in bulk or search for prospects one by one using filters. But Snov.io doesn’t stop at finding leads. Its Drip Campaigns feature lets you create email sequences with unlimited steps and follow-ups to nurture leads towards conversion. You can even trigger automated emails based on lead actions, such as opens, clicks, or replies.
What’s more, Snov.io offers a LinkedIn Automation tool, allowing you to automate connection requests, messages, and InMails. This multi-channel approach keeps your leads engaged across different platforms, boosting your chances of conversion.
AI email assistants have caused a revolution in the way we manage our inboxes, offering a blend of efficiency and intelligence to streamline our daily communications. As we decode these tools, one thing is for sure that they are here to stay. If you’re someone who found this piece of information exciting, why not dive deeper into this exciting world? To stay in the loop with the latest tech trends and startup insights, don’t forget to sign up for our ‘Smell The Coffee’ Newsletter – it’s like a shot of espresso for your inbox! Till then, keep reading – keep talkying.
FAQ
What are the benefits of using AI Email Assistants?
The benefits include time-saving, help in smart summarisation, data extraction, personalised responses, enhanced customer support etc.
Are there any potential drawbacks to using AI Email tools?
Few drawbacks like maintenance needs, limited emotional intelligence, accuracy concerns and privacy considerations are possible to happen.
What are some useful AI Email tools?
AI Email tools like Shortwave, SaneBox, Superhuman, Lyne.ai, Copy.ai, and Snov.io are very useful and helpful.
What are some useful AI Email tools for business?
AI Email tools like Lyne.ai, Copy.ai and Snov.io are very useful and make day-to-day emails easy.
Abu Dhabi [UAE] September 12: Under the dynamic leadership of CEO Mr Murugan G, Kanakkupillai, in a major step towards empowering small businesses and transforming financial management, proudly announces the launch of Gbooks.io, an innovative accounting software meant to streamline and simplify financial operations for companies of all kinds. With its all-encompassing solution catered to satisfy the demands of today’s corporate environment, this groundbreaking tool is poised to revolutionize the terrain of business accounting.
About Gbooks.io
Advanced accounting tool Gbooks.io offers companies a complete solution for financial management by combining cutting-edge technology with easy-to-use UI. Among its key features are automated bookkeeping, real-time financial reporting, invoicing, tax preparation, spending tracking, and more. Designed with the user in mind, Gbooks.io guarantees that even people with less accounting expertise can browse and make use of its strong capabilities efficiently. Furthermore, Gbooks.io is effortlessly accessible on all mobile devices, allowing customers to maintain their books of accounts hassle-free, anywhere and anytime.
Important Features of Gbooks.io
Automated Bookkeeping: Gbooks.io’s automatic bookkeeping tool can help you eliminate the tiresome chore of manual data entry. Real-time recording of transactions guarantees correctness and helps you save valuable time.
Real-time Financial Reporting: Access to real-time financial information helps one make wise business choices. Gbooks.io offers comprehensive analysis of your financial situation, including cash flow studies, balance sheets, and profit and loss statements.
Invoicing and Payments: Customizable invoicing templates will help you to streamline your billing procedure. Gbooks.io also facilitates online money processing, therefore enabling clients to pay you quickly.
Expense Tracking: Gbooks.io’s expense tracking feature will help you monitor your company’s expenses closely. Sort and control your bills to know where your money is going.
Tax Preparation: Gbooks.io features tools to assist in tax preparation. It guarantees that all of your financial information is orderly and ready for submission, lessening the stress and complexity of tax compliance.
User-Friendly Interface: Gbooks.io’s simple design makes it accessible for users with varying levels of skills. The program ensures a flawless experience by guiding you through every stage.
Advantages of Using Gbooks.io
Time-saving: Automate tedious chores and concentrate on the expansion of your business.
Cost-effective: Diminish the demand for expensive accounting services.
Accuracy: Minimize mistakes by means of precise automated computations.
Accessibility: Access your financial information from anywhere, at any moment.
Scalability: Gbooks.io grows with your business to meet changing needs.
A Message from the CEO, Mr Murugan G.
Our goal at Kanakkupillai has always been to assist companies on their journey towards success. We are significantly advancing the provision of a necessary tool that will enable companies to better and more effectively handle their finances with the release of Gbooks.io. Gbooks.io is our solution for companies’ difficulties in keeping their financial health intact. Our team has put great effort into developing a not only strong but also easily navigable solution. We are sure Gbooks.io will transform how companies handle their accounting requirements, said Mr Murugan G., CEO of Kanakkupillai.
About Kanakkupillai
Leading business service provider Kanakkupillai is committed to enabling companies of all sizes to achieve their objectives. Emphasizing the delivery of comprehensive solutions, Kanakkupillai provides company registration, compliance management, tax filing, and other services. The company’s dedication to quality and customer satisfaction has earned its credibility as a partner for companies throughout India.
Kanakkupillai’s Services:
Business Registration: From Private Limited Company Registration to Limited Liability Partnership Registration, Kanakkupillai streamlines the process of starting your business.
Annual Compliance: With Kanakkupillai’s annual compliance services, ensure your company complies with all legal criteria.
Tax Filing: Kanakkupillai provides expert help in submitting income tax returns, GST returns, TDS returns, and more.
Trademark and Intellectual Property: Protect your brand and intellectual property with the trademark registration, renewal, and dispute resolution services provided by Kanakkupillai.
Business Licenses: Thanks to Kanakkupillai’s efficient services, easily obtain required licenses including FSSAI, IEC, and Shop Establishment License.
Kanakkupillai’s Commitment
The first goal at Kanakkupillai is to give their customers the best possible service. Their staff of seasoned experts puts great effort into making sure their customers have the tools they need to succeed in their particular fields. Using a client-centric approach, they customize their offerings to fit the particular demands of every company so that they possess the means required for success.
The Vision Behind Gbooks.io
Gbooks.io’s development stems from Kanakkupillai’s ambition to equip companies with the tools they need to succeed. Understanding the vital part effective financial management plays in the success of companies, Kanakkupillai set out to develop a solution addressing the typical financial management issues businesses have. This vision developed Gbooks.io, a comprehensive, simple tool for financial management and accounting simplification.
Addressing the Needs of Small Businesses
Accounting presents special challenges for small enterprises most of the time. Limited resources and inexperience can make financial management a difficult task. Gbooks.io offers a reasonably priced and easily available solution to meet these challenges. Gbooks.io helps small business owners to confidently and easily handle their accounts with its automated features and simple design.
Increasing Financial Transparency
The success of a business depends on transparent financial management practices. Gbooks.io offers real-time financial status analysis of a business, improving financial openness. This level of openness lets company owners make wise decisions, spot possible problems early, and act proactively to address them. Gbooks.io supports openness so that businesses may lay a strong basis for growth and success.
Future of Gbooks.io: Looking Ahead
Gbooks.io’s launch marks only the start. Kanakkupillai is dedicated to continuously improving the capacity of this potent accounting software. Additional features and integrations meant to improve the user experience and satisfy changing needs of businesses will be part of future updates.
Upcoming Features:
Integration with E-commerce Platforms: Gbooks.io can be perfectly integrated with well-known e-commerce systems to simplify your accounting and online sales processes.
Advanced Analytics: Advanced analytics and reporting tools can help you better understand your financial data.
Mobile App: Access Gbooks.io on the go using a dedicated mobile app to handle your finances from anywhere.
Collaboration Tools: Enhanced collaboration tools can let you work more effectively with your team and accountant.
Join the Gbooks.io. Revolution
Kanakkupillai welcomes businesses of all sizes to take advantage of Gbooks.io. Gbooks.io has the tools you need to manage your finances and propel your company ahead, regardless of your size—small business owner, freelancer, or developing enterprise.
Special Launch Offer
The company is celebrating the launch with a special freemium offer for Gbooks.io first-year subscription. Enjoy free access and unlock additional features with their premium plans. Enroll now and experience the future of small business accounting!
Venture capital (VC) is crucial in financing startups and small businesses with long-term growth potential. Typically sourced from wealthy investors, investment banks, and financial institutions, VC funding offers several advantages, including no obligation for repayment even in the event of business failure. Additionally, VC firms often provide valuable networking opportunities, aiding startups in marketing and promotion efforts to establish themselves in the market.
VC investment occurs across various stages:
Pre-Seed: At this earliest stage, founders work on shaping their ideas into a viable business plan. Many seek support from business accelerators for initial funding and mentorship.
Seed Funding: This stage marks the launch of a startup’s first product. With no revenue streams, startups rely on VC funding to cover operational expenses.
Early-Stage Funding: Once a product is developed, startups require additional Capital to scale production and sales before achieving self-sustainability. This stage often involves multiple funding rounds, such as Series A and B.
Despite the potential benefits of VC funding, there exists a significant gender gap in this realm, with women-founded startups receiving disproportionately less funding compared to their male counterparts. This disparity underscores the need for dedicated women-centric VC funds, which provide access to Capital and foster supportive investor communities tailored to female founders.
These specialized VC funds are particularly timely for India as the country strives to enhance women’s workforce participation and unlock female entrepreneurs’ economic potential. By highlighting VC funds focused on supporting innovative women-led companies across high-growth sectors, this article underscores the importance of bridging the gender gap in venture capital funding and empowering female founders in India’s startup ecosystem.
StrongHer Ventures – VC Fund Supporting Women Entrepreneurs
StrongHer by Arise Ventures, led by founder Ankita Vashistha, is a leading platform dedicated to empowering early-stage women entrepreneurs with essential resources such as Capital, connections, community, and coaching. Committed to fostering gender diversity and empowerment, the firm invests in women-led tech startups across three key verticals: Consumer, Climate, and Enterprise.
Driven by a passion for supporting visionary founders driving positive change, StrongHer invests in diverse ventures. The firm seeks disruptive companies in the consumer sector that redefine traditional industries and enhance people’s lifestyles. Within the B2B realm, StrongHer directs its investments toward SaaS, DeepTech, and Enterprise ventures across fintech, health tech, and cybersecurity domains, prioritizing innovation and efficiency.
With a notable track record of investments, StrongHer plays a significant role in supporting transformative ventures and driving positive impact across diverse industries.
Saha Fund
FOUNDER
Ankita Vashistha
Founded
2016
Headquarteres
Bangalore, India
Investments
Fitternity, MyAlly, LoveLocal, Shoptimize, and Joules to Watts
Website
www.sahafunds.com
Saha Fund – VC Fund Supporting Women Entrepreneurs
Established in 2014, Saha Fund has emerged as a pioneering global gender lens fund committed to investing in companies that promote the empowerment and engagement of women. Continuously building on this esteemed legacy, the firm is dedicated to establishing a leading platform for women entrepreneurs worldwide.
Acknowledging the importance of operational expertise in scaling early-stage ventures, Saha Fund leverages its strong network and investment acumen to foster growth and success. Saha Fund is steadfast in promoting gender diversity and inclusion and leads the way in championing women-led enterprises, driving positive change in the entrepreneurial landscape.
Value of Funding of Women-Led Startups in India from 2021 to 2023
AWE Funds
FOUNDER
Seema Chaturvedi
Founded
2019
Headquarteres
Troy, United States
Investments
Freshokartz, Remedico, Velmeni, and Agam
Website
www.awefunds.com
Kalaari Capital – VC Fund Supporting Women Entrepreneurs
AWE (Achieving Women Equity) Funds believe in HER power to transform communities, drive sustainable economic development, and deliver superior financial returns. They are an early growth venture fund investing in exceptional value-creating entrepreneurs driving innovations that promote sustainability. AWE, which is based out of the US, said that it has attracted investment support from many international and Indian institutional investors and also from high net-worth individuals.
AWE Funds has aimed to empower 30 million women to gain ‘agency’ by 2030 through a quantitative threshold-based gender lens gating criteria to invest in women-owned, led, or influenced companies. It pursues investments early in an enterprise’s lifecycle (Pre-Series A, Series A equity rounds). Additionally, it seeks to assist companies with the diverse skills of the firm’s investment professionals, strategic relationships, and its global network of executives and advisors to deliver market returns for its investors.
Aastey, Kindlife, Samosa Party, and Creative Galileo
Website
kalaari.com
Kalaari Capital – VC Fund Supporting Women Entrepreneurs
Kalaari Capital is a prominent early-stage, technology-focused venture capital firm renowned for its significant role in the Indian startup ecosystem. Founded and led by Vani Kola, a distinguished Indian venture capitalist, the firm primarily invests in Seed and Series A startups. Their mission is to empower visionary entrepreneurs to develop innovative solutions that revolutionize various aspects of Indian life, spanning work, consumption, and transactions.
Vani Kola, recognized as one of the most influential women in Indian business by Fortune India in 2014, along with Kalaari Capital, is deeply committed to fostering entrepreneurship in the digital economy. They strive to build enduring partnerships with founders, offering unwavering support as they navigate the challenges of building thriving enterprises.
In line with their commitment to gender diversity and empowerment, Kalaari Capital launched the CXXO initiative in 2021. Rooted in Capital, community, and coaching principles, CXXO aims to empower female founders and CEOs in India, enabling them to shape the nation’s digital landscape and drive exponential economic growth.
Beyond providing Capital, Kalaari Capital offers invaluable domain expertise, access to resources, and strategic guidance to the companies it supports. By nurturing disruptive entrepreneurs early, the firm lays the groundwork for their long-term success and impact in the market.
She Capital – VC Fund Supporting Women Entrepreneurs
Established in 2018, She Capital is a pioneering diversity-focused venture fund dedicated to transforming India’s startup ecosystem by providing financial support to female entrepreneurs. Anisha Singh founded She Capital as a unifying force for female founders through its “Together” community, fostering collaboration and support among its members.
Driven to empower the next generation of exceptional female-led businesses, She Capital extends financing to early-stage startups across all industries. A centerpiece of its mission is the “Together” event hosted by She Capital, which catalyzes collaboration and innovation among outstanding founders. With its vibrant atmosphere and picturesque setting, the event serves as a beacon for bright minds, paving the way for female founders in unconventional fields.
At the heart of the “Together” event are insightful discussions led by seasoned entrepreneurs, venture capitalists, investors, and thought leaders in futuristic technologies and AI. Through these engagements, She Capital remains steadfast in its commitment to championing female entrepreneurship and driving positive change in the startup landscape.
Conclusion
In summary, the landscape of venture capital funding for female entrepreneurs in India is experiencing a significant shift. The rise of specialized VC funds dedicated to supporting women-led startups reflects an increasing acknowledgment of female founders’ immense potential and capabilities.
These funds go beyond just providing financial support, offering valuable resources such as mentorship, networking opportunities, and tailored support systems to address the unique challenges faced by women in entrepreneurship. With a surge in capital investment in these initiatives and a heightened awareness of the importance of diversity in the startup ecosystem, India is on track to develop a more inclusive and dynamic entrepreneurial landscape.
FAQs
What are the main stages of venture capital (VC) investment?
The main stages of VC investment are Pre-Seed, Seed Funding, and Early-Stage Funding.
What are the key advantages of VC funding for startups?
VC funding offers no obligation for repayment even in business failure. It also provides valuable networking opportunities to aid startups’ marketing and promotion.
What is the gender gap in VC funding, and how are specialized women-centric VC funds addressing it?
Women-founded startups receive disproportionately less VC funding than male counterparts. Women-centric funds provide access to capital and supportive communities for female founders.
What are the key focus areas and investment strategies of some of the women-centric VC funds mentioned?
Women-centric VC funds have different key focus areas and investment strategies. For example, StrongHer invests in women-led tech startups, Saha is a global gender lens fund, AWE focuses on sustainability-driven innovations, Kalaari’s CXXO empowers female founders, and She Capital supports early-stage female-led startups.
Ather Energy, a maker of electric two-wheelers, has sent its DRHP to Sebi to launch an initial public offering (IPO).
According to the DRHP, the investors and promoters would sell 2.2 crore equity shares in the anticipated first public offering (IPO), raising INR 3,100 crore.
Capital expenditure for establishing an electric two-wheeler plant in Maharashtra, investment in R&D, marketing campaigns, loan repayment, and general business objectives are among the many intended uses of the fresh issue proceeds.
Organizations such as IITM Incubation Cell, IITMS Rural Technology and Business Incubator, 3State Ventures Pte Ltd, Caladium Investment Pte Ltd, and National Investment and Infrastructure Fund II participate in the OFS.
Second Electric Two Wheeler Company to Go Public
Immediately following Ola Electric Mobility’s initial public offering (IPO) of INR 6,145 crore, which was submitted in August, Ather Energy is the second electric two-wheeler startup that is looking to go public. A fresh issuance of up to INR 5,500 crore and an OFS of up to 8,49,41,997 equity shares were both part of Ola Electric’s initial public offering (IPO), which was also the first issue by an automobile manufacturer in India in more than twenty years.
There are a total of seven different variations available for the Ather 450 and the Ather Rizta, which are the two product lines that are currently included in Ather Energy’s inventory.
An ecosystem of products, which includes charging infrastructure, accessories, and the Atherstack, provides support for the E2Ws that are manufactured by Ather Energy. Axis Capital, HSBC Securities and Capital Markets (India) Pvt Ltd, JM Financial, and Nomura Financial Advisory Securities (India) Pvt Ltd are the companies that are in charge of the book-running for the offering.
Financial Report Card of Ather
According to the DRHP, the company sold 109,577 E2Ws during the most recent fiscal year, which is an increase over the previous fiscal year’s total of 92,093 units and the previous fiscal year’s total of 23,402 units. Its revenue from operations in FY24 was determined to be INR 1,753.8 crore, which is a decrease from the previous year’s figure of INR 1,780.9 crore. In comparison to the previous fiscal year, when it had a net loss of INR 864.5 crore, it now has a net loss of INR 1,059.7 crore.
The OFS component will involve the sale of 10 lakh equity shares by each of the promoters, Tarun Mehta and Swapnil Jain. Both of them currently possess a stake in the company that is equivalent to 6.63 percent. On the other hand, Hero MotoCorp Ltd., which holds 37.20 percent of the company’s outstanding shares, will not be selling any of them.
At 7, Lok Kalyan Marg on 11 September 2024, Narendra Modi, the prime minister of India, presided over the Semiconductor Executives’ Roundtable. A broad variety of topics about the semiconductor industry were covered by the prime minister. PM Modi discussed the potential of this industry to advance Earth’s growth path. In addition, he emphasized how India is becoming an attractive investment location due to the reforms that are currently underway.
The chief executive officers praised India’s efforts to expand the semiconductor industry and said that the gathering of industry heavyweights here today was a first.
Key Pillars of India’s Development Strategy
Improving physical, digital, and social infrastructure; encouraging inclusive growth; lowering regulatory burdens; and drawing investments in manufacturing and innovation were among Modi’s main points during the summit, which formed the basis of India’s development plan. He highlighted India’s ability to join a diverse global semiconductor supply chain as a dependable partner, thanks to its trained workforce and expanding talent pool.
The head of state assured the business leaders of a steady and predictable policy environment while reiterating the government’s pledge to back the sector through its ‘Make in India‘ and ‘Make for the World’ programmes. Modi added that India is trying to attract high-tech investments and that the government will step up its efforts in response to the positive response from semiconductor industry executives.
Acknowledging the government of India, Chandan Kumar GV, Vice President, Client Engagement at Indxx stated, “India currently grapples with a significant shortfall in chip manufacturing, leading to heavy reliance on imports. To address this challenge, the government has adeptly seized the opportunity presented by global supply chain disruptions from the pandemic to position India as a viable alternative to China in the semiconductor market. Central to this strategy is the India Semiconductor Mission (ISM), which aims to develop a robust domestic semiconductor ecosystem and lessen dependence on foreign technology.”
“The ISM launched in December 2021 with an initial allocation of Rs. 76,000 crore (US$ 9.2 billion) represents a bold step toward transforming the sector. This initiative includes substantial government support, covering up to 50% of project costs through schemes like the Semiconductor Fab Scheme and Display Fab Scheme,” he added.
Attendees of the Roundtable and Their Confidence in India
Many prominent semiconductor companies’ CEOs and executives were present at the roundtable, including SEMI, Micron, NXP, PSMC, Renesas, Applied Materials, and countless more. Notable faculty members from Stanford, UC San Diego, and IIT Bhubaneswar were also in attendance.
Not just in terms of manufacturing, but also in terms of the production of raw materials, attendees voiced their opinion that India possesses the potential to become a worldwide powerhouse in the semiconductor supply chain. The corporate business leaders all agreed that India is the new investment destination, a belief that was strengthened by their pleasant experiences with Prime Minister Modi in the past.
India Backing the Semiconductor Industry
The plan to build a semiconductor factory in Sanand, Gujarat, with a daily chip manufacturing capacity of 6 million and an investment of INR 3,300 crore was given the green light by the Union Cabinet on September 2. The unit is a part of a larger government programme that includes four other semiconductor facilities in the works in Gujarat and Assam. These plants have a combined investment of around INR 1.5 lakh crore and can produce 70 million chips per day.
The upcoming SEMICON India 2024, which is scheduled to be hosted in Greater Noida, will also showcase the country’s advances in the burgeoning semiconductor ecosystem.
Pratiksha Bajikar
