Founded By Male Entrepreneurs, This Skincare Startup Is Using AI And Generating Crores In Revenue
The need for flawless and glowing skin has turned the skincare and cosmetics industry into a massive multi-billion-dollar industry. And according to Goldstein Research, the Indian cosmetics industry was valued at $11.16 billion in 2017. And as per the research, the industry was forecasted to grow at a CAGR of […]
Indian Digital Payments Market Likely To Grow To Rs 7,092 Trillion By 2025: Latest Report
As per a recent report by RedSeer, Bengaluru-based research and advisory firm, Digital payments in India are expected to grow over 3x to Rs 7,092 trillion by 2025, which was worth around Rs 2,162 trillion in 2019-20. The report also stated that this growth is based on taking into account […]
Otipy Raises $1 Million In Funding From Inflection Point Ventures
Otipy, a social commerce startup, has raised $1 million from Inflection Point Ventures (IPV). As per the startup, it will use the funding amount to augment the existing technology infrastructure. The startup also plans to expand its reseller base in Delhi/NCR, and build deeper relationships with the farmer ecosystem. Otipy […]
Logistics SaaS Startup ‘FarEye’ Raises $13 Million In Funding
Logistics SaaS platform FarEye has raised an additional $13 million (about Rs 97.3 crore) as an extension to its Series D investment from Nandan Nilekani-backed Fundamentum Partnership and KB Investment. In April, FarEye had raised $24.5 million (around Rs 183.5 crore) in series D funding from Microsoft’s venture fund M12, […]
More Opportunities For Indian MSMEs As Flipkart Partners With Nepal’s Leading E-commerce Player ‘Sastodeal’
Indian e-commerce giant Flipkart has partnered with Nepal’s leading e-commerce player Sastodeal. This partnership will help local Indian MSMEs to grow as it will open up cross-border trade opportunities. Under this partnership, Sastodeal will host over 5,000 product verticals from Flipkart Marketplace, including baby care & kids, sports & fitness, […]
Bengaluru Based Startup SmarterBiz Raises Pre-Series A Funding
Bengaluru-based startup SmarterBiz has raised Rs 8 crore as a part of its Pre-Series A funding round. The contributors for this funding round were StartupXseed Ventures, Bhaskar Pramanik, MJ Aravind, MJ Aniketh, Ravi Viswanath, Ramesh Radhakrishnan, and Ranjan Biswas. Founded by Rajesh Bernard, Vijay Krishna, and Prateek Mehta in 2014, […]
Logistics Startup ‘Delhivery’ Partners With ‘Volvo Trucks’ For Express Operations
Logistics unicorn Delhivery has joined hands with Volvo Trucks to test and deploy a new transport solution for express operations. With this partnership, they will address the challenges in speedy delivery and cost efficiencies of services. Under this partnership, Volvo’s unique solution of a tractor-trailer combination (Volvo FM420 4×2), that […]
How RetailersBook Is Riding The Wave Of The B2B Supply Chain In South Zone-Delhi
COVID-19 pandemic has completely transformed the way we interact with each other. With lockdowns and social distancing being the ‘new normal’, the world and pushed towards its dependency on the internet for its day to day activities. While e-commerce platforms have played a major role in ensuring that the demand […]
Latest NASSCOM Report Says Data, AI Can Add $450-500 Billion To India’s GDP By 2025
As per a recent report Unlocking Value from Data and AI by NASSCOM, Data and Artificial Intelligence (AI) can add $450-500 billion to India’s GDP by 2025. This number represents around 10% of the $5 trillion economy aspiration of the Indian government. The report also stated that nearly 45% of this value […]
Indian SpaceTech Startup ‘Pixxel’ Raises $5 Million In Seed Funding
Bengaluru-based space tech startup Pixxel has raised $5 million in a seed funding round led by Blume Ventures, growX Ventures, and Lightspeed Ventures. The funding round also saw participation from Ryan Johnson, a veteran in earth imaging and CEO at Blackbridge. Stanford Angels and Inventus Capital also participated in the […]