You are currently viewing Startup news and updates: Daily roundup (July 12, 2024)

Startup news and updates: Daily roundup (July 12, 2024)


Zepto elevates Devendra Meel to CBO

Quick Commerce unicorn Zepto has elevated Devendra Meel to the Chief Business Officer, effective July 2024. 

In this role, Meel will spearhead category management and foster brand partnerships, ensuring optimal assortment, pricing, availability, and growth of all core categories on the platform.

“Devendra has had an incredible run at Zepto. After joining us a year ago, he played a key role in scaling our advertising business to hundreds of crores in revenue and, more importantly, built out Zepto Pass end-to-end: from an idea to 5M+ subscribers today,” said Aadit Palicha, Co-founder and CEO, Zepto.

Before Zepto, Meel, an IIM-Bangalore graduate, led special initiatives at Zomato and Jio.

Devendra Meel Zepto

AFK Gaming beta launches its dashboard for esports analytics

AFK Gaming has beta launched its analytics dashboard to provide data and insights into the nation’s esports industry.

This tool offers real-time data and analytics to users, brands and other stakeholders.

AFK Gaming Insights offers three core analytics modules. Tournaments analytics provides detailed information on prize pools, sponsors, players, and teams. User analytics delivers insights into demographics, occupations, interests, income, and spending habits. Social analytics tracks key metrics such as Instagram followers, YouTube subscribers, and the country’s top live streamers.

Zapp, Bounce Infinity partner for manufacturing scooters

Bengaluru-based Bounce Infinity and Zapp Electric Vehicles Group, a British electric vehicle brand have partnered to enhance the assembly and distribution of Zapp’s i300 electric urban motorcycle in India.

The partnership leverages Bounce’s manufacturing and market presence to support Zapp’s mission of delivering premium, sustainable personal mobility solutions. Bounce will manufacture Zapp’s electric vehicles per its specifications.

Bounce will support Zapp EV in obtaining necessary approvals for homologating its products in India, with completion expected within 120 days from the MoU’s effective date. They will also explore a distribution partnership to enhance Zapp’s product availability across India.

Zapp

DeepHealth expands operations in India

DeepHealth, a wholly-owned subsidiary of RadNet, Inc., a player in AI-powered radiology and health informatics, has opened its office in Bengaluru, marking its expansion in the Indian market. 

The technology hub will spearhead innovations to advance DeepHealth’s mission of empowering breakthroughs in care delivery.

As a part of its India expansion, DeepHealth will leverage local expertise and a network of strategic partners to enhance the development of AI-powered health informatics solutions. 

As the company forges ahead with its expansion plans, it aims to broaden its collaborations and establish affiliations with prestigious institutions to undertake research projects.

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


Edited by Affirunisa Kankudti



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