A pet care grooming startup called Captain Zack has raised an amount of $1.5 million in Pre-Series A round. The particular funding round was led by industrialists Kushal Desai and Chaitanya Desai through their family office. The company is owned by EM Personal Care and is based out of Mumbai. It is planning to use the […]
Artificial intelligence-powered video-learning platform VideoKen Inc. has reportedly raised funds amounting to $930,000 (Rs 6.83 crore). The funding round was led by SRI Capital and Touchstone Equities. Along with this, Hyderabad Angels also participated in the round with existing backer LG Chandrasekhar of Sutures India including angel investors like Flipkart and former Yahoo executives. This […]
The popular online fashion and lifestyle company Myntra has reportedly launched an ethnic brand with actor Saif Ali Khan known as ‘House of Pataudi’. The company co-owns majority of the brand along with the actor and Exceed Entertainment. “We have seen a lot of searches for ethnic wear on Myntra and decided to launch a brand […]
The e-commerce giant Amazon is all set to acquire a stake of just under 10% in Kishore Biyani-led Future Retail. The deal is likely to be approved by the latter’s board on October 29. The retail major is expected to pick up shares through the foreign portfolio investors route at a hefty premium to the […]
With senior executives resigning from various important companies, Chief marketing officer of Myntra and head of Jabong Gunjan Soni, and Myntra’s chief strategy officer and head of categories Ananya Tripathi have decided to leave the organization. Both the executives will work with their respective companies till the end of this year. “Gunjan has played a key role in firmly positioning the […]
The technology giant and the largest search engine Google is reportedly going to launch its ‘Shopping’ tab in India. This would allow users to search for products to buy and directing them to merchant websites or e-commerce platforms for product listings. The tab is currently in working and in a few months, the Shopping tab will be […]
This week saw various companies all across the globe raising funds for various purposes. Many of the well-known companies participated in the fundraising process and some also led the funding rounds. Funding, these days, has become a very important part of business and especially in case of startups. Let’s talk about the funding activities that […]
An artificial intelligence-powered matchmaking platform called Betterhalf.ai has reportedly secured funds amounting to $500,000 (around Rs 3.7 crore) from angel investors including former Google India managing director Shailesh Rao and Flipkart’s former investment director Vinay Subramanian. Along with these, the other backers that participated in the round included early-stage investor FirstPenguin Capital’s Rehan A Khan […]
The technology giant Google launched its third edition of Pixel smartphone, a Google Home smart speaker with a display and its first tablet computer on Tuesday. The company with these launches is making a larger push into hardware. Google Pixel has been a great success since its launch and the topped Amazon in smart speaker […]
The digital payment player PhonePe has tied up with Delhi Metro Rail Corporation (DMRC) to offer PhonePe users with the service of recharging their DMRC smartcards on the app itself. This service will be made available to the users through a micro app in the freshly created ‘Apps’ section on the PhonePe app. The fintech company stated that […]
After a successful launch and five years of being in existence, Ather Energy has officially commenced the deliveries of its flagship electric scooter, the Ather 450, in Bengaluru. The Bengaluru-based startup invited a select few customers to the company’s final assembly unit to hand them the keys to their Ather 450 electric scooter. Also, the […]
Fundraising gives the much-needed support to the startups that they wish for the purpose of growing. Any startup which is established in order to serve its business objective needs fundraising. Fundraising is important for the startups along with the funding procedure. When these two business components come together, they have a rich potential to contribute to the […]