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Fitness startup Fittr raises USD 2 mn from Surge

28Apr By PriyankaNo Comments

FUNDING

Fitness startup Fittr raises USD 2 mn from Surge

Fitness startup Fittr has raised USD 2 million from Sequoia Capital India's Surge programme. The company will deploy the pre-series A funds for hiring, technology, and overseas expansion, Fittr Co-founder Jitendra Chouksey said. Surge is the rapid scale-up programme for early-stage startups in India and Southeast Asia. Founded in January 2016, Fittr (formerly SQUATS Fitness) provides free access to diet and training tools, live fitness sessions with experts, Q&A with coaches, and connects users to a community of fitness experts and enthusiasts. With over 8.5 lakh members, the company said it been profitable since inception, achieving a cumulative revenue of USD 13 million. Fittr is focussing on markets like North America, Indonesia, India, and Singapore, Chouksey said. "...

Pune based Mylabs develops COVID19 Testing Kit in Record Time

24Mar By AdityaNo Comments

Story

Pune based Mylabs develops COVID19 Testing Kit in Record Time

In what may go down as an important solution in India's fight against coronavirus, Pune-based Mylabs Discovery Solutions has created an indigenous solution to test patients for COVID-19 that can halve the time taken for results. 'The molecular diagnostic company, which received statutory approvals late on Monday from authorities, can manufacture over 15,000 testing kits per day from its facility at Lonavala in Pune district and the same will be ramped up to 25,000 kits per day", co-founder Shrikant Patole told Pixr8 News. Citing the experience in South Korea, the World Health Organisation has been stressing on the importance of tests to fight the pandemic, which has so far claimed nine lives in India. Though around 500 people have been tested positive for the virus in India so far...

E-commerce Giant Amazon Sets Up Captive Call Centers in India

24Oct By Gauri SinghNo Comments

BUSINESS

E-commerce Giant Amazon Sets Up Captive Call Centers in India

The e-commerce player Amazon has set up captive call centres in India to handle some of its international and domestic customer and seller services. The company has taken a departure from its previous strategy of working purely with business process outsourcing companies. The e-commerce giant is expecting to expand more and more in India. The company has been looking at its customer service strategy over the past year. It was in January that Amazon acquired a warrant in US company StarTek that is tied to the amount of revenue Amazon generates for the US BPO company. “Amazon has looked at this very strategically. If they are giving you business then they want part of that upside or, in some cases, they think they can generate and keep the efficiencies for themselves. They have a long ...

Ofo To Close Down in India: Fires Majority Staff

10Jul By Gauri SinghNo Comments

News

Ofo To Close Down in India: Fires Majority Staff

World’s first station-free bike sharing platform ‘Ofo’ is reportedly closing down its operations in India. The Alibaba-backed Chinese company, therefore, has fired a majority of the staff that was responsible for its India operations. The company was established in the country last year in the month of November. It had spread its business in various cities of India including Chennai, Indore, Ahmedabad, and Pune. However, the company claimed that Ofo has stopped its operations in all the but in Pune, it has tied up with the Pune Municipal Corporation (PMC) to support the Pune Cycle Plan. Ofo had promised the employees that they would have a discussion regarding the operational roadmap for the next few years. But, these things never took place and the employees were not even given the ...

Organic Fashion Label Soul Space Launches its First Retail Store in Pune

22May By Gauri SinghNo Comments

BUSINESS

Organic Fashion Label Soul Space Launches its First Retail Store in Pune

Soul Space, India’s first ever Organic and Fairtrade certified fashion brand which is originally Kolkata-based launched its first retail showroom in Pune on Monday. The fashion brand also has its eyes on Mumbai, Bangalore and Hyderabad to expand its operations, planning to launch 20 more stores in the current financial year. The brand is a subsidiary of B L Kashyap and Sons Limited – one of the top 4 companies in the Indian private sector construction industry. It has a powerful e-commerce existence on various renowned websites such as Myntra, Jabong and Amazon as well as its own website – www.mysoulspace.in. Another interesting part is that the brand is also open to the franchise model to expand nationally. The fashion label produces cotton clothes which are environment-friendly and...

“Risky” Tyre Killers in Pune Removed After Police Notice

4Apr By Lavina TolaniNo Comments

INDIA

“Risky” Tyre Killers in Pune Removed After Police Notice

Pune police sent a legal notice to "Amanora Township" in Hadaspur to remove the "Tyre Killers" traffic arresting system that was installed near the Amanora Pearson School to deter vehicles in using the wrong side of the road. Recently, a video showing vehicles moving across the tyre killer had gone viral over the social media after which police authorities came into action. As per the notice issued by Pune Police, the traffic alerting system was installed in the township without permission. "The iron made tyre killers have reduced public security. It can endanger lives of people by leading to a serious accident.", stated the letter issued by Hadaspur traffic division. JD Kalaskar, traffic police inspector at Pune division reported to a publication, The spikes are very sharp and c...

5Mar By PriyankaNo Comments

FUNDING

LiveHealth Raises $1.1 Million Funding

Pune based healthcare platform LiveHealth raises $1.1 Million funding from Nexus Venture Partners. The funding will use to expand and promote the platform across India and also explore the international market. The Saas based platform keeps the record online from diagnostic laboratories and make it available to its users and doctors. It has now 72 million records of laboratories. Founded by Abhimanyu Bhosale and Mukund Malani, Livehealth tie-up with 650+ diagnostic centers across India and also in South Africa. Livehealth automated operations manages patients data, financial transactions, automation between medical instruments, and inventory. The founder of Livehealth, Abhimanyu Bhosale said his team focus is on the tech gap in healthcare, and enable seamless interaction among ...

24Mar By AdityaNo Comments

News

Musafir.com Launch It’s Technology Center in Pune

Musafir.com, one of the leading OTAs in India, today announced the launch of its third technology center in Pune. Musafir.com is looking to double its technology team by the end of the year. The Pune center will complement the technology and product teams that are already operating out of centers in Mumbai and UAE. Technology is at the heart of the aggressive business strategy being pursued by Musafir.com. "Musafir.com was founded with the promise of a stellar user experience backed by the best technology. The establishment of our third technology center in Pune reinforces our commitment to this promise. Our aim is to double the strength of our engineering team by the end of the year, and herald a new generation of innovative user experiences for our travellers," said Albert Dia...

BookMyShow Picks Up 75% Stake in Pune Based Townscript

14Feb By PriyankaNo Comments

ACQUISITION

BookMyShow Picks Up 75% Stake in Pune Based Townscript

Entertainment ticketing platform BookMyShow today said it has bought 75 per cent stake in Pune-based Townscript for an undisclosed amount. Founded in 2014 by Sachin Sharma and Sanchit Malik, Townscript is a DIY (do it yourself) event registration and ticketing platform that allows users to set up events like workshops, conferences and exhibitions. Its platform has already facilitated 12,000 such events across major cities as well as smaller cities like Ludhiana and Jaipur. "With this investment, we now have a majority stake in Townscript and we plan to help them take lead in this category while empowering small and medium event organisers over a marketplace model," Ashish Hemrajani, CEO and co-founder at BookMyShow, said. "We will use the investment primarily for improving the prod...

We are Ready to Build Hyperloop Between Mumbai and Pune: Bibop G Gresta, Co-founder of Hyperloop Technologies

8Dec By AnkitaNo Comments

Entrepreneurs Talk

We are Ready to Build Hyperloop Between Mumbai and Pune: Bibop G Gresta, Co-founder of Hyperloop Technologies

Elon Musk-backed Hyperloop Transportation Technologies (HTT) Co-Founder Bibop G Gresta today said the company is ready to build Hyperloop between Mumbai and Pune, but the decision is left with Union Transport Minister Nitin Gadkari to go ahead with the project. "Gadkari has a proposal to build the Hyperloop on his table and he has to take a decision. If he wants to go ahead with it, we are ready, and it will be a feasibility study to begin with to lay line between Bombay (Mumbai) and Pune," he told PIXR8 here on the sidelines of the Carnegie Global Technology Summit 2016 here. Hyperloop runs faster than an aircraft at a speed of 1,120 kmph. Asked about the regulatory challenges to build Hyperloop in India, Gresta said Gadkari, during the meeting, had expressed the Indian Government's w...

Online Furniture Company ‘Furlenco’ Starts Operations in Pune

5Apr By AnkitaNo Comments

News

Online Furniture Company ‘Furlenco’ Starts Operations in Pune

Furlenco, India's first online furniture rental company has partnered with Uber to introduce UberPLAY in Pune. Under the move, Furlenco will be furnishing a premium range of Uber cars on the city roads with LED screens, recliners, and your very own drinks cooler so that the customers can catch all the action while on-the-move.! After beautifying 5000+ homes in Bangalore and Mumbai, the company has rolled out its range of awe-inspiring furniture packages to transform the living experiences of Pune residents. The customers can now get their hands on premium home furniture without having to invest heavily on buying it. They can place their orders online at Furlenco and get free doorstep delivery and installations within a week itself. Commenting on the launch, Founder and CEO Furlenc...

12Aug By NitishNo Comments

Story

Townscript, a Pune based startup launches a new event ticketing platform

In India, Events & Activities Industry has been growing at a high rate of 20-30% YoY. The industry has a great need of a Do-It-Yourself Ticketing Platform. There has been a great lack of Do-It-Yourself Event Ticketing platform. Townscript (One of the fastest growing Do-It-Yourself event registration platform in India) have been working in the same direction to make an easy to use DIY platform for event organisers and a place to discover experiences for the end users. Taking one step at a time, we are happy to inform Pixr8 and it's audience that we have launched a new event ticketing website which surely makes Townscript “India’s Easiest way to Sell Event Tickets Online”. It takes a minute to setup your event registration/ ticketing page on Townscript and you can instantl...