The quick commerce arm of the IPO-bound grocery and food delivery business unicorn has appointed Sairam Krishnamurthy as the senior vice president (SVP) and chief operating officer (COO). In this new role, Krishnamurthy is set to oversee Instamart’s operating units, which will include dark store operations, infrastructure operations, city growth, and expansion. Krishnamurthy has over…
Edtech giant Byju’s has managed to dodge a bullet by reaching a settlement with the Board of Control for Cricket in India (BCCI). The company was facing a potential insolvency crisis after defaulting on a Rs 158 crore payment to the cricket board. To avoid a takeover, Byju’s has agreed to pay the entire amount…
FirstCry FY24 revenue crosses Rs 6,500 Cr; GlobalBees contributes 18.6%. FirstCry received approval for its initial public offering (IPO) from the Securities Exchange Board of India (SEBI) earlier this month.Ahead of the IPO, the company has disclosed its annual financial report for the fiscal year ending March 2024.The Pune-based firm’s revenue grew 15.1% in the…
IntroductionThe marketing mix, often referred to as the 4Ps (product, price, place, and promotion), is a fundamental concept in marketing that helps businesses strategize and position their products effectively. In the food industry, the marketing mix plays a crucial role in determining the success of a brand. This case study explores how McDonald’s, one of…
With a fresh round of funding from gaming-focused venture capital firm Lumikai, Bengaluru-based Mayhem Studios has accomplished a noteworthy triumph. The company intends to use the extra cash to expand its workforce, develop its technological capabilities, and raise the calibre of its games. Dedicated to creating well-liked mobile games that captivate players with compelling storytelling…
Insurtech leader Acko is making a bold move to revolutionize healthcare! They’ve acquired digital chronic care company OneCare, signaling their intent to become your one-stop shop for health and insurance. The deal was an all-cash transaction, although the company did not disclose the financial details of the acquisition. As part of the deal, OneCare’s cofounders…
UPI platforms PhonePe and Google Pay saw a marginal decline in their total volume while the third largest player Paytm recorded a stagnant growth in the last month.Overall, UPI saw a marginal dip of approximately 1% in total transaction volume to 13.9 billion in June from 14 billion in May. Moreover ,the transaction value also…
Yes Madam is an Indian startup that provides in-home salon and spa services. They connect customers with trained beauty professionals who come directly to your home to perform a variety of treatments. Yes Madam has launched a new plan called ‘Platinum Partners’ for the workers on its platform, under which the service partners will have…
large tech A significant worldwide disruption in Microsoft’s services has occurred, mostly affecting customers of its Microsoft 365 programme. Users are unable to access a number of Microsoft 365 apps and services due to the outage.As of 2:00 PM, the company said that it had recovered several of its services, namely Microsoft Defender, Microsoft Intune,…
Slice, the store that lets you buy things online and pay later, is like that friend who always has your back. This year, to keep growing bigger and helping more people, Slice needed some extra cash. So, they went to their friend Neo Markets, who is kind of like a bank, and borrowed Rs 65…
