You are currently viewing Startup news and updates: Daily roundup (April 9, 2024)

Startup news and updates: Daily roundup (April 9, 2024)


Bollywood artist Neha Dhupia picks up stake in BlackCarrot

Bollywood artist Neha Dhupia has picked up undisclosed equity in the dinnerware brand, BlackCarrot.

The brand focuses on making stone plates which are Bone China-free. It also makes cutlery using food-grade steel and lead-free glasses.

“BlackCarrot is a promising startup with a unique product offering and passionate founders backing it. Their

dinnerware is both healthy and eco-friendly while remaining stylish and elegant,” Dhupia said in a press release.

“At BlackCarrot, we believe that as we become more health-conscious about what we eat, we should also be mindful of how we eat,” co-founders Yadupati Gupta and Vishal Gupta said in a joint statement.

BlackCarrot
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Satyukt adds Swahili, French, Spanish, Arabic to its farming app

Agritech firm Satyukt has expanded the language support for its Sat2Farm mobile app, a satellite-based agricultural monitoring system.

Recognising the global nature of agriculture and the diverse linguistic backgrounds of farmers, the app now offers languages including Swahili, French, Spanish, and Arabic.

“English has achieved global status, but not all farmers speak English fluently,” said Dr Sat Kumar Tomer, Founder and CEO, Satyukt Analytics. “Providing agricultural apps in vernacular languages ensures that language barriers do not prevent farmers from accessing important information and utilizing the full potential of agricultural technologies.”

Paxful launches global support for ETH

Paxful has launched global support for Ethereum, offering individuals and businesses in over 150 countries more than 450 additional ways to buy and sell ETH through its borderless payments marketplace.

To commemorate the launch, Paxful introduced incentives including zero-fee trading on ETH for gift card traders, account credit up to $100 for new traders, and VIP benefits for top ETH traders until April 25th, 2024.

“Paxful stands for providing financial accessibility and personal agency through the free movement of money, and we see Etherum and Bitcoin each playing an important role in this future,” said Paxful CEO Roshan Dharia. “That’s why we’re proud to expand access to ETH as a peer-to-peer settlement layer to millions of traders in over 100 countries—with or without a bank account.”

Simple to integrate with Zepto Pass

Checkout platform Simpl is integrating its Instant Checkout on Zepto Pass, with an aim to facilitate over 100 million checkouts by 2026 on the quick commerce app.

“Quick commerce has been one of the fastest-growing categories for Simpl, witnessing an increase of nearly 50% year-on-year in transactions and 25% growth in average order value over in Feb 2024 vs 2023,” the company said.

Since partnering with Zepto in January 2022, Simpl said it has observed over 13 million checkouts and claims a retention rate higher than the industry average.

In 2023, the platform facilitated its highest-ever single transaction for quick delivery, amounting to nearly Rs 18,566 through Simpl’s Instant Checkout on Zepto. Notably, a user conducted 141 transactions with Simpl on Zepto in November 2023, totalling Rs 1.38 lakh.

(This copy will be updated with the latest news throughout the day.)


Edited by Kanishk Singh



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