Retail technology is taking a giant leap forward, thanks to Bizom, a startup that’s making waves in the retail space. The company has successfully raised $12 million in its Series B funding round to scale its platform, helping businesses optimize their distribution processes and improve sales efficiency. Led by Pavestone, with a significant contribution of $7.5 million, and supported by…
Nestle SA is undergoing a significant leadership change as Mark Schneider steps down from his role as CEO after nearly eight years at the helm. The Swiss food giant has announced that Laurent Freixe, a long-time company veteran, will succeed Schneider as CEO starting September 1, 2024.
Schneider, 58, led Nestle through a transformative period, reshaping the company’s structure and steering it…
In an exclusive interview with ET’s Pranav Mukul and Samidha Sharma, Sahil Barua, CEO of Delhivery, sheds light on the evolving dynamics of the logistics industry and the challenges facing quick commerce. Barua discusses how the rapid growth of quick commerce is reshaping market shares, particularly impacting traditional kiranas rather than traditional e-commerce platforms.
Barua highlights that…
