Growing up watching his mother run a small shop in the Mumbai suburb of Mulund, Hardika Shah developed a keen awareness of the challenges small businesses in India face in accessing capital. With over two decades of experience as a technology consultant in cities such as Chicago, San Francisco, Singapore and Sydney, she has gained … Read more
D2C skin and hair care brand Minimalist has posted strong financial results for FY24, recording total revenue of Rs 350 crore. This represents an impressive 89% year-on-year growth compared to FY23. Minimalist has quickly emerged as one of India’s leading D2C brands with its profitability doubling in the last fiscal year. According Entrackr According to … Read more
Uber has partnered with hyperlocal logistics provider Shadowfax to integrate the latter fleet of two wheelers with the shared transportation platform UberMoto Bike-taxi offer. Motorcyclists who provide services in IPO destined for the IPO Shadowfax will be able to switch during lean hours to UberMoto and provide bike-taxi services. In a statement, Uber said that … Read more
BookMyShow CEO and co-founder Ashish Hemrajani, along with the company’s technical lead, have been issued new summons for alleged black marketing of Coldplay concert tickets. The Economic Offenses Wing (EOW) of the Mumbai Police, which had initially called them for questioning on Saturday, has now asked them to appear before an investigating officer today. “Mumbai … Read more
Edtech startup Adda247 has acquired PrepInsta, a platform focused on internship preparation for engineering students, for an undisclosed sum. With PrepInsta, Adda247 aims to strengthen its presence in labor education programs in both the public and private sectors. Financial details of the deal have not been disclosed. Prior to this acquisition, Adda247 made three notable … Read more
Fintech unicorn led by Kunal Shah CREDIT has reported significant growth for the financial year (FY) ending March 2024. The startup’s revenue increased by 66%, reaching Rs 2,473 crore compared to Rs 1,484 crore a year earlier. The strong growth reflects growing user engagement on the platform and expanding avenues for revenue generation. Founded by … Read more
Educational technology company upGrad has designated Amit Mehta as your human resources director (CHRO), according to a statement issued on Monday. Mehta joins from Hindustan Unilever (THEM), where he held several human resources leadership positions. He will lead Grad’s people strategy globally, driving organizational effectiveness, talent development and performance management initiatives. His experience will be … Read more
UPI Payments Giant TelephonePe has announced a partnership with Jar, a micro-savings platform, to introduce a new feature called ‘Daily Savings’ on its app. The feature allows users to save money on 24-carat digital gold through daily contributions, from as little as Rs 10 to Rs 5,000 per day. The initiative aims to help people … Read more
2 minutes of reading Last update: September 30, 2024 | 19:48 IS Instamart, the fast commerce arm of IPO-bound online food delivery company Swiggy, launched free 24/7 delivery for all customers in the Capital Region National (NCR) of Delhi to capitalize on the expected surge in demand during the festival season. The fast commerce platform … Read more
Digital lifestyle brand start up has announced the acquisition of nourisha rapidly growing sector nutrition brand in India. The $1.4 million deal marks a significant step in Pluckk’s expansion into the nutrition market. The acquisition comes at a time when India’s share in the global nutrition category is projected to grow six-fold to 12% by … Read more
