NEWS AT A GLANCE
'Info Edge' and Others Invest in E-Commerce Platform 'ShopKirana'
'Mumbai Angels Network' Invests in Startup 'Fric Bergen'
Walmart India Shuffles Top Management, Appoints New Head
Priyanka Chopra-Backed 'Bumble' Debuts in India
Zomato signs in 'Durga Raghunath' to accelerate growth in businesses>

Category Archives: News

News

OYO gets $10-million funding from Chinese firm

OYO gets $10-million funding from Chinese firm
Startups in India fetch investments from China Hotel aggregator OYO raises an additional $10-million in funding from Chinese hotel management firm China Lodging Group. This comes less than a week after OYO announced a $250-million funding round. This report came from the company’s headquarter at Gurgaon. Let’s take a quick look at the salient features…
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Food technology startup Zomato acquires Runnr

Food technology startup Zomato acquires Runnr
Zomato plans for a stiff competition to rivals Food technology startup Zomato acquires hyperlocal delivery startup Runnr. This is an attempt to strengthen its delivery business that currently faces stiff competition from its rival Swiggy. Zomato was founded in 2015 by former Ola executive Mohit Kumar. His co-founders were Arpit Dave, Vatsal Singhal, Aravind Reddy, Gnanesh…
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AI- Is it a bane or a boon for startups?

AI- Is it a bane or a boon for startups?
AI- Will it consume the market soon enough? As the wave of digitization surges high everywhere, we could have all our errands done in seconds. Artificial Intelligence(AI) seems to top the list. Other terms such as IoT, Robotics have also occupied the market. So the next time you require someone to design your package or…
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Amazon workers compete with robots

Amazon workers compete with robots
Amazon creates a Man Vs. Robot ratio Technological giant Amazon replaces human beings with robots for its work. Author of ‘Rise of the Robots’, Martin Ford says, “It’s certainly true that Amazon would not be able to operate at the costs they have and the costs they provide customers without this automation.” Here are some…
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SoftBank looks forward to raise more dollars

SoftBank looks forward to raise more dollars
Another step ahead by SoftBank SoftBank announced that it is looking to raise new dollar and euro bonds with the Japanese telecoms. This move comes a day after SoftBank invested $250 million in Oyo, owned and operated by Gurgaon-based Oravel Stays Pvt. Ltd. SoftBank has been hitting the headlines with its $93 bn Saudi-backed Visio…
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Pepperfry.com ties up with Zefo

Pepperfry.com ties up with Zefo
Pepperfry launches exchange services… Pepperfry.com, India’s No.1 Furniture and Home marketplace has launched an ‘Exchange Your Furniture’ service. This service is for Pepperfry customers across selected cities through an alliance with Zefo, the online marketplace for pre-owned goods, according to a press statement. Through this service, customers could exchange their old furniture within 48 hours…
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