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SRKay ‘SCIKEY MindMatch’: This Algorithm Can Predict A Startup’s Success!

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A Pune based firm claims its AI can predict the success of a startup! Oh, yes! You heard that right!

At the recently held UNCTAD (United Nations Conference on Trade and Development) meeting in Geneva, SRkay Consulting Group unveiled its remarkable algorithm called SCIKEY MindMatchAccording to this Pune based firm, SCIKEY MindMatch can foresee whether a startup would make it or break up. MindMatch’s algorithm is based on the research conducted by SRkay’s talent solutions venture, SCIKEY.

The Managing Partner of SRKay, Mr. Alok Kumar said about 78 percent of startups are successful due to human only factors while, the failures are primarily because of ignoring these factors.

MindMatch’s algorithm uses several human oriented attributes for its prediction, which have been largely ignored by startups across the globe, leading to massive startup failures. At the meeting, Mr. Kumar presented an analysis study in the area of entrepreneurship and how the success of a startup could be foreseen via MindMatch. Also, he presented how this can be leveraged by everyone to ensure the success of a start up, foster a culture of innovation and growth.

 

Currently, SRKay Consulting Group invests globally and aims at achieving an 80 % success rate using its SCIKEY’s MindMatch. Its remarkable algorithm utilizes the power of AI with in depth psychological analysis to predict entrepreneurial success at individual & team levels. The overwhelming insights based on years of research received stunning appreciation from leaders across nations.

As far as SCIKEY is concerned, this talent solutions venture of SRKay provides a comprehensive talent commerce platform where human psychology and cutting edge technology integrate to maximize the potential of talented minds, effectively.

The use of AI and automation is all set to unleash the transformations on how things work! With the tech world reaching new heights, what else can we expect in the near future?

So, do you want to find out about your startup’s success? Stay tuned to SCIKEY MindMatch!

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Apple to Shift Entire US iPhone Assembly to India by 2026

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Apple - StartupStories

Apple is set to relocate all assembly of iPhones destined for the US market from China to India by the end of 2026, marking its biggest manufacturing shift in decades. The move is driven by escalating US-China trade tensions and steep tariffs—up to 145% on Chinese imports—making Chinese assembly increasingly costly for Apple. Although some smartphone imports are temporarily exempt, a 20% duty still applies to Chinese-made iPhones entering the US.

 

India, in contrast, offers a more favorable trade environment, with a paused 26% reciprocal tariff and ongoing negotiations for a bilateral trade deal with the US that could shield Indian exports from future levies. Apple plans to more than double its current iPhone output in India, aiming to assemble over 60 million units annually for the US market. The company already produces about 25% of its global iPhones in India, working with partners like Foxconn, Tata Electronics, and Pegatron.

 

This shift is part of Apple’s broader strategy to diversify its supply chain and reduce reliance on China amid geopolitical risks. However, the transition’s success will depend on how quickly India can scale up its manufacturing capabilities and the outcome of ongoing trade negotiations.


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PhonePe’s PINCODE Launches 10-Minute Medicine Delivery in Cities

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PhonePe

PhonePe’s PINCODE app has launched a 24×7 online medicine delivery service in Bangalore, Mumbai, and Pune, promising delivery of both prescription and over-the-counter medicines within 10 minutes from nearby local medical shops. Unlike conventional e-pharmacies that use dark stores, PINCODE partners exclusively with neighborhood pharmacies, enabling faster deliveries and supporting local businesses in the digital economy.

Customers without prescriptions can select a “no prescription” option when ordering; a qualified doctor then provides a free teleconsultation and issues a digital prescription compliant with telemedicine guidelines, ensuring seamless access to medicines. The app offers competitive pricing by passing discounts from local pharmacies directly to customers and charges no delivery fees.

PINCODE’s hyperlocal model enhances healthcare accessibility and convenience while empowering local pharmacies, helping them remain integral to their communities and stimulating local economic growth. Launched in 2023, the app focuses on quick commerce with an emphasis on speed, reliability, and supporting local sellers.

In summary, PhonePe’s PINCODE app is transforming medicine delivery in major Indian cities by combining ultra-fast 10-minute delivery, free doctor consultations, and a hyperlocal sourcing model that benefits both consumers and neighborhood pharmacies.

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Piyush Anchliya Joins Cashfree as CFO Amid Fintech Boom

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Cashfree Payment - StartupStories

Cashfree Payments has appointed Piyush Anchliya as its new Chief Financial Officer (CFO), effective April 15, 2025. Anchliya brings over 15 years of experience in investment banking, corporate finance, strategy, and mergers and acquisitions, with senior roles at Barclays, Bandhan Group, and most recently as CFO of Bandhan AMC. He holds an MBA from IIM Ahmedabad and a B.Tech. from IIT Kharagpur.

In his new role, Anchliya will lead Cashfree’s financial strategy, optimize operations, and support the company’s next growth phase. He will report to CEO and Co-founder Akash Sinha, who highlighted Anchliya’s expertise as vital for sustainable scaling and strengthening the company’s financial foundation. Anchliya succeeds outgoing CFO Vikas Guru, who will assist during the transition.

Founded in 2015, Cashfree Payments processes over $80 billion annually for more than 800,000 businesses. The company recently raised $53 million in funding led by KRAFTON and Apis Growth Fund II and secured key RBI licenses, positioning it for accelerated growth in India’s fintech sector. Anchliya’s appointment comes at a pivotal time as Cashfree aims to expand its leadership in digital payments.

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