Ecommerce poised for 20% growth this festive season: Delhivery report

The ecommerce sector is poised for nearly 20% growth, Delhivery said in a report on Friday, as India gears up for the festive season. The report, Direct2Celebrations: Festive Insight for…

Continue ReadingEcommerce poised for 20% growth this festive season: Delhivery report

Flipkart hosts seller conclaves ahead of The Big Billion Days sale

Homegrown ecommerce marketplace Flipkart wrapped up its seller conclaves held across nine key cities as part of its nationwide initiative ahead of the festive season.The in-person seller conclaves attracted more…

Continue ReadingFlipkart hosts seller conclaves ahead of The Big Billion Days sale

Moneyboxx Finance raises Rs 176 Cr through preferential equity and warrants

BSE-listed non-banking finance company (NBFC) Moneyboxx Finance Limited has raised Rs 176 crore.The additional capital will allow the company to invest in technology, improve operational efficiencies, and further strengthen its…

Continue ReadingMoneyboxx Finance raises Rs 176 Cr through preferential equity and warrants

Adversity drives companies to success, says Rohit Kapoor of Swiggy

Companies become great in adversity. They don’t always become great when tailwinds are all with you, Rohit Kapoor, CEO of Food Marketplace, Swiggy, tells YourStory Founder and CEO Shradha Sharma…

Continue ReadingAdversity drives companies to success, says Rohit Kapoor of Swiggy

AWS selects seven Indian Gen AI startups for global accelerator

Amazon Web Services(AWS) has selected seven Indian Gen AI startups to join its AWS Global Generative AI Accelerator programme.The chosen Indian startups are Convrse, House of Models, NeuralGarage, Orbo.ai, Phot.ai,…

Continue ReadingAWS selects seven Indian Gen AI startups for global accelerator

Nazara to invest Rs 982 Cr in PokerBaazi parent Moonshine Technology

Gaming company Nazara Technologies has made an investment of Rs 832 crore for a 47.7% stake in Moonshine Technology, the parent company of PokerBaazi, through a secondary transaction. Nazara will…

Continue ReadingNazara to invest Rs 982 Cr in PokerBaazi parent Moonshine Technology