All-rounder Hardik Pandya has partnered with FanCode Shop to launch his own performance wear range, marking his foray into the world of startups. Under this exclusive licensing deal, FanCode will design, manufacture and market the products, and work on a revenue-sharing model. The initial product lineup includes T-shirts, vests, polos, shorts and jackets, priced between…
In a pre-Series B investment round, mortgage brand LoanKuber was able to secure $3m. undefined Pace of this investment was led by the current investor, namely Inflection Point Ventures while the other was Singapore-based TRTL VC. Other notable personalities present included Angel investors as well as LetsVenture, Mavuca Capital and Auxano. With the fresh capital…
Zoomcar Self-drive car rental start-up is ready to unleash its break-neck pace on its journey to profitability. The adjusted Ebitda loss in Q1 FY25 came in at a considerably lower figure than at the same period last year, with the company having slashed it by more than half. This is quite impressive and it goes…
Introduction Since its inception by Jeff Bezos in 1994, Amazon has evolved into a global e-commerce powerhouse, operating across numerous countries. One of the most noteworthy expansions has been into the Indian market, a region teeming with both significant challenges and enormous potential. Since its entry in 2013, Amazon has risen to become one of…
E-commerce giant Amazon India has announced a huge cut in selling fees across various product categories. The cuts, which would be applicable starting September, fall in the range of 3 per cent to 12 per cent and would hence see the sellers benefiting, more so with affordable product sellers. The strategic move is viewed against…
National coworking space leader Smartworks is getting prepared for his IPO with a fresh issue of Rs 550 crore. This is rather strange because in the last fiscal the company suffered a net loss of almost Rs 50 crore. But revenue is on an increase; for the next fiscal ending March 31, 2023 it stood…
Otipy, an inventive Farm-to-fork startup is under-talks to raise a fresh funding in an extended Series B round from current and new investors.According to the sources the funding will be utilized to empower the operations of Otipy in expanding its presence in existing and new cities. Currently, it is operational in Delhi – NCR and…
Nykaa, affiliated with the internet fashion and beauty retail platform, is raising 125 crore rupees (nearly 15 million dollars) through non-convertible debentures. The Nykaa board has approved issuing around 12,500 non-convertible debentures at an issue price of 100,000 rupees each to raise 125 crore rupees on a private placement basis in dematerialized form, as…
Seiko Solutions, one of the pioneers in telematics, enters into a strategic partnership with Indicus Software-a well-renowned IoT solutions provider. With this, the alliance aims to rewrite the future of telematics by embedding the most advanced state-of-art IoT technologies in Seiko Solutions’ presently existing service portfolio. The partnership will utilize Indicus Software’s industry-leading “Contineo” platform,…
HCLSoftware, the software division of HCLTech, is bolstering its data analytics portfolio with the acquisition of French company Zeenea. The deal is worth €24m and is expected to close in September 2024. Zeenea is an intelligent data discovery company and has a platform for metadata management, data cataloging, lineage, governance and compliance. HCLSoftware will combine…
