Ola Electric products to be available on ONDC
All Ola Electric products will be available on Open Network for Digital Commerce (ONDC) from next week, founder Bhavish Aggarwal said on X, formerly Twitter, adding, “ONDC is the future…
Startup news and updates: daily roundup (August 29, 2024)
Funding news Medront raises Rs 1.06 Cr in pre-seed roundUser data storage startup Medront raised Rs 1.06 crore in a pre-seed round led by Inflection Point Ventures for product development,…
ODA Class raises $500K from Singapore, China-based investors
Edtech firm ODA Class has raised $500K (about Rs 4 crore) in a fresh funding round from Singapore and China-based investors.Skywalker Education Technology Co Ltd (Singapore), Hong Kong-based Daituzi Education…
How Google AI is helping retailers this holiday season
As retailers brace for a particularly challenging holiday season due to a compressed shopping timeline, Google is stepping in with several new AI-powered features designed to help businesses navigate this…
Swiggy taps Flipkart exec Amitesh Jha as Instamart CEO
Foodtech giant Swiggy on Thursday said it has appointed Flipkart executive Amitesh Jha as the CEO of its quick commerce offering Instamart. Co-founder and current Swiggy Instamart CEO Phani Kishan…
Moglix jumps on quick commerce bandwagon, adds next-day delivery service
B2B ecommerce platform Moglix on Thursday said it is foraying into next-day delivery services as quick commerce gains wide traction in India. “Moglix is changing customer expectations and creating a new…
Chiratae Sonic 2024: Of 48-hour turnaround and disruptive innovations
Chiratae Ventures, one of India's leading homegrown venture capital firms, has been instrumental in supporting the growth of numerous successful startups for over a decade. With a robust portfolio of…
Sebi is focused on speeding up IPO approvals and making compliance as easy as breathing: Madhabi Puri Buch
The Securities and Exchange Board of India (Sebi) is focus on expediting approvals for companies looking to go public, particularly in light of the maturity that the fintech industry has…
Paytm receives govt’s nod for investment in Paytm Payments Services; shares jump 5%
Shares of fintech firm One97 Communications, the owner of Paytm, jumped 5% on Thursday morning after the company received the government's approval for downstream investment in wholly-owned subsidiary Paytm Payments…
New app on the block: Shopify spotlights Kwik COD app for e-commerce merchants
Indians are big on cash on delivery (COD). A 2024 survey report by Indian Institute of Management, ‘Digital Retail Channels and Consumers: the Indian Perspective’, revealed that nearly 65% of…
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