Move over, tech giants — there’s a new e-commerce powerhouse on the rise, and it’s changing the game with AI like never before. Meet GoKwik, the Indian startup that just closed a jaw-dropping $13 million funding round to turbocharge its global takeover!
What’s the big deal? GoKwik isn’t just any startup. Founded just three years ago, it’s already processing millions of transactions…
Practo, India’s homegrown health services platform, has just made a significant move by appointing Shoumyan Biswas as its new Global Chief Strategy and Marketing Officer. With over two decades of leadership experience, Biswas is poised to bring a wealth of knowledge and expertise to the health-tech company, steering its mission to help people live healthier, longer lives.
A New Chapter for…
ClearDekho Acquired by Jaipuria Group: A New Chapter in Budget Eyewear
In a major move within India’s eyewear and retail industry, affordable eyewear startup ClearDekho has been acquired by the Jaipuria Group. Known for its strong presence in beverages, education, real estate, and retail, the Jaipuria Group has now taken a firm step into the healthcare and optical sector.
The acquisition aims to…
Mumbai-based startup Evenflow, a prominent house of brands, has successfully raised $5 million in a Series A funding round. This investment includes contributions from Venture Catalysts, angel investor Sunder Ramachandran, and several other angel investors. citeturn0search1 The funds are intended to fuel Evenflow’s expansion plans and enhance profitability across its diverse brand…
Xiaomi India, a leader in the tech and smartphone industry, has appointed Sandeep Singh Arora as its new Chief Business Officer (CBO). This move signals the company’s focus on accelerating its growth and expanding its market presence. Arora, with over 30 years of experience in leading major consumer brands, is expected to play a crucial role in driving Xiaomi India’s business development and…
OfBusiness, the fast-growing B2B marketplace for businesses in India, has just unveiled a game-changing AI-powered platform called Nexizo. This new platform aims to help small and medium-sized enterprises (SMEs) in the infrastructure and manufacturing sectors streamline their operations, discover market opportunities, and manage procurement more effectively. With its unique features and a focus on…
Snapdeal, the popular e-commerce platform based in Gurugram, has made impressive strides in the fiscal year 2024. Despite facing tough competition in India’s fast-paced e-commerce market, the company has trimmed its losses significantly, boosted its revenue, and is on a clear path toward profitability. Let’s dive into the details of Snapdeal’s financial performance in FY24 and what this…
Cashfree Payments, one of India’s leading homegrown payments and API banking platforms, has announced a major brand collaboration with Bollywood actor Rajkummar Rao. The actor will be the face of their exciting new campaign, “Move Fast,” aimed at showcasing the platform’s quick, reliable, and efficient payment solutions.
This collaboration highlights Cashfree Payments’ growing focus on…
Flipkart Partners with DPIIT to Empower Indian Startups
In a major boost to India’s vibrant startup ecosystem, Walmart-owned Flipkart has partnered with the Department for Promotion of Industry and Internal Trade (DPIIT). This new collaboration aims to empower tech startups across the country, providing them with the resources, mentorship, and funding needed to grow and scale.
The partnership…
Unacademy CEO Clarifies: “We’re Not Selling or Merging!”
Unacademy’s CEO, Gaurav Munjal, has responded to recent rumors about a potential acquisition by Allen Institute. In a series of posts on X (formerly Twitter), he firmly denied the claims, stating that Unacademy is not considering any sale or merger. The statement came just days after reports suggested that the two edtech giants were…
