Perpule | Pixr8 News

17Nov By Gauri SinghNo Comments

FUNDING

Top Five Funding of the Week (12th Nov – 17th Nov)

We have again come up with the top five funding activities that took place this week. Funding is one of the most important steps in the growth of a business. Therefore, every week, we throw light on the important funding activities. This week was very active in terms of funding process and the company that raised the highest amount of funds was Brazil based technology conglomerate known as Movile. Lets move forward and know more about these funding activities: 1) Movile A Brazil based technology conglomerate known as Movile has just raised funds amounting to $400 million. This round was led by existing investors including Naspers and Innova Capital. The funds have basically been raised for its iFood subsidiary. The company was founded by chief executive officer Fabricio...

Perpule Secured $4.7 million from Kalaari Capital and Others

An omni-channel retail tech startup known as Perpule has reportedly raised $4.7 million in a Series A funding round. The particular round was led by Prime Venture Partners, Kalaari Capital and Venture Highway. The company provides consumers with a self checkout option at retail outlets, intends to use the funds for expansion into more outlets across 10 cities in the next year. The app allows customers to discover items, scan barcodes, get offer and pricing information for the products and the option to checkout and pay. Perpule is already working with retailers like Big Bazaar, Vishal Mega Mart, SPAR, MORE, HyperCITY, as well as with Quick Service Restaurants (QSRs) such as KFC. Also, the startup recently launched a digital cafeteria solution for QSRs which include cafeterias and ...

Axis Bank To Use Tech Solutions Of Three Startups From Its Accelerator

Axis Bank has selected three fintech startups from its 'Thought Factory' accelerator programme, to incorporate solutions in operational efficiency, lending and tax planning which it will commercially deploy at its business units, it announced at an event in Bengaluru on Friday. The bank will collabborate with Pally, FintechLabs and Gieom out of the six startups, namely S2Pay, Pally, Perpule, FintechLabs, Paymatrix and Gieom, that ran in its first startup programme. "We identified three proofs of concept of solutions that will help improve our processes and offer new products to our customers," said Rajiv Anand, executive director at Axis Bank. "While the startups are free to partner with others, the solutions developed with Axis Bank will be exclusive." Palli is an AI stack-based for...