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…
After five years of its existence, Mumbai-based healthtech startup, Kenko Health is out of business. The startup which had attracted over $13 million investment from investors such as Peak XV, BEENEXT, and Orios Venture Partners had no cash at one point despite this funding. This resulted in their shut down of offices in Bengaluru and…
Namma Yatri, a Bengaluru based ride hailing firm is among those companies that are thinking big having been reported to be eying the United States market. Currently, the company is negotiating with unions in the US to establish the organization’s position in an industry that is mainly controlled by large players. Indeed with this support…
Frustrated of being called a ‘Bewakoof’. It is now high time that we started to look for real and untraditional. So, Bewakoof, which society fundamentally defines as ‘stupid,’ is the finest demonstration that people can change the world simply by thinking differently. The ad.world where everyone is expected to follow the conventional norms and codes…
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…
It seems like Brickwork’s substantial investment in Icons League Cricket (LLC) is set to significantly boost the league’s operations and expansion plans. With the league being valued at Rs 350 crore, the Rs 39 crore infusion will likely enhance the league’s infrastructure, marketing, and talent acquisition efforts. The LLC, which was founded in 2021 and…
Video Management software seller Milestone Systems welcomes Hardip Sohi-Bains as its Chief People and Culture Officer. Milestone Systems, a Danish provider of data-driven video technology software, is excited to have Sohi-Bains’ in the company . Thomas Jensen, CEO of Milestone Systems,quotes . “She will be a great asset in our efforts to further strengthen Milestones…
Hangyo – an Indian ice cream manufacturer and supplier – has been able to recently ink a $25 million funding deal. It will further support the growth and expansion strategies of the company so as to improve the production capacity, launch new flavours and increase its market share. With this new capital in its kitty,…
Axio, which started as Capital Float is one of the leading fintech companies in India has recently completed a $20 million right issue. The experts are of the opinion that the existing investors such as Amazon participated in this round of funding as well. Axio raises a strategic interest of Amazon in the Indian fintech…
PhonePe, a Bengaluru based fintech start-up has introduced a credit line feature on the unified payments interface or UPI. This new function enables the consumers to avail the small ticket credit facilities right through the UPI payments. Also, the merchants can now allow the customers to make payment through credit on the payment gateway of…
