5 minutes reading time Last update: August 6, 2024 | 22:56 IS Flush with funds, fast-paced commerce unicorn Zepto is looking to shift its base from Powai in its hometown of Mumbai to a larger office space in Sarjapur, Bengaluru, to accommodate its impending new hires. The company will continue to have an office in … Read more
The National Court of Company Law (NCLT) has approved the fusion based in Bengaluru Slice with Guwahati-based North East Small Finance Bank. This will pave the way for the closing of the merger, which has received clearance from the Reserve Bank of India (RBI). in October 2023. The agreement also includes the Approval from the … Read more
Prathyusha Agarwal, Business Director, Shopsy 4 minutes reading time Last update: August 7, 2024 | 22:50 IS Flipkart’s hyper-value e-commerce platform Shopsy is stepping up its efforts to reach out to more than half of the 821 million internet users (around 442 million) in rural India. Prathyusha Agarwal, who recently joined as the Chief Business … Read more
Based in San Francisco Staffing Solutions Provider Instawork has acquired the Technology platform built by Bengaluru online placement forum Able Jobs for an undisclosed amount. Ravish Agrawal, one of the co-founders, will act as an advisor to Instawork, while Siddharth Srivastava, the other co-founder, will join Instant work like a Product Leader. Through the agreement, … Read more
3 minutes reading time Last update: August 19, 2024 | 18:45 IS Nearly a month after conducting a preliminary investigation into a security breach that led to a $230 million loss at WazirX, the embattled cryptocurrency exchange said a separate forensic analysis found no compromise to its IT systems. WazirX said the investigation was led … Read more
Agritech startup Gramophone said on Tuesday it has promoted a long-term executive from the company The name Singh Batra To the position of co-founder. Batra has more than a decade of experience in Consumer goods and agricultural industriesIn his new role, he will oversee strategic initiatives to enhance the company’s market presence and drive growth. … Read more
Hyperbotsto finance and an accounting-focused AI startup, has raised $2 million in seed funding funds round led by Capital of the Kalaari. The round also included participation from Sunicon Ventures and Athera Venture Partners. The funds will be used to expand Hyperbots’ go-to-market strategy and develop its products, including its proprietary generative intelligence. AI financing … Read more
Hyperspectral Earth Imaging Technology Company Pixelannounced on Tuesday the launch of Aurorais Earth Observation (EO) study. Intended to do remote sensing By making analysis accessible to everyone, Aurora helps remote sensing user groups access, interpret and leverage EO data, Pixxel said in a statement. Developed in-house, it includes a vast archive of commercial and open … Read more
Single tupleto medical technology startup Specialized in Digital Microscopy Solutions Powered by artificial intelligence (AI) has raised Rs 33 crore ($4 million) in an expanded Series C round funds round led by Sidbi Venture CapitalThe round also saw participation from existing investors including Endiya Partners, among others. The new financing will be used to boost … Read more
The rapid rise of fast trade and aggressive demand for new direct-to-consumer (D2C) brands with the help of Fast deliveries on platforms like BlinkZepto and Instamart are driving early and mid-stage dealmaking D2C Brandsseveral executives and investors told ET. New brands have grown much faster than anticipated due to the fast-paced trade channel and that … Read more
