You are currently viewing Startup news and updates: Daily roundup (March 27,  2024)

Startup news and updates: Daily roundup (March 27, 2024)


Zoomcar partners with ACKO Drive

Zoomcar Holdings has partnered with ACKO Drive, a car-buying platform, to help local Zoomcar hosts expand their car fleet.

The partnership aims to offer savings of up to Rs 85,000 on new car purchases, along with attractive car financing options, enabling hosts to expand their business presence and boost earnings.

Zoomcar Hosts can improve their business operations and cater to changing consumer preferences by upgrading their fleet with newer car models. This enhances competitiveness and allows them to tap into higher earning potential associated with newer, more attractive vehicles, benefiting both new and existing customers.

Suba Group of Hotels in India selects Hotelogix Cloud to centralise operations

Hotelogix, a cloud-based hospitality technology provider, has announced that Suba Group of Hotels has adopted its muti-property management system for automating processes across member properties and gaining centralised control over group operations for growth, revenue, and guest experience.

Hotelogix has introduced a Mobile Hotel PMS App for Suba Group of Hotels, enabling real-time OTA distribution and management of non-room revenue-generating outlets across properties.

The app integrates with Channel Manager, third-party accounting, materials management, and guest communication solutions, for efficient management of non-room revenue-generating outlets.

Sterlite Power and GIC announce joint venture

Sterlite Power and GIC’s affiliate have signed definitive agreements to establish a new platform for developing and operating power transmission projects in India.

Sterlite Power will hold a majority stake of 51%, while GIC will hold the remaining 49% stake. Sterlite Power was advised by Deutsche Bank, AZB Partners, and Khaitan & Co, while GIC was advised by Avener Capital, Shardul Amarchand Mangaldas & Co, and PWC.

The JV platform will capitalise on new opportunities arising from the Indian government announcing an investment of Rs 11 lakh crore into capex, with a large part of it to flow into energy.

Unicommerce launches AI tool UniGPT for E-commerce Businesses

Unicommerce, an e-commerce platform, has launched its pilot project, UniGPT, a generative AI platform designed to address e-commerce sellers’ concerns and provide business assistance by answering their questions related to e-commerce selling.

Unicommerce has launched UniGPT, a new Artificial Intelligence solution, to assist businesses in enhancing their e-commerce and omnichannel retail operations. The service aims to assist sellers in leveraging technology for smoother operations, and currently, it is available at no cost.

The UniGPT initiative aims to assist users of Unicommerce’s technology in resolving questions about effective technology use and its solutions, providing insights into industry trends and enabling sellers to set internal business goals.

Coca-Cola SLMG Appoints Costin Mandrea as CEO

SLMG Group, a independent Coca-Cola bottler, has appointed Costin Mandrea as CEO of Coca-Cola SLMG operations, bringing over 25 years of beverage industry experience and strategic vision to the role.

Costin Mandrea, a former Coca-Cola Bottling System leader, has successfully driven business growth through transformation, sales force operations, customer engagement, and route-to-market strategies in Western and Central Europe, Russia, and Japan.

Simpl expands its integration with Zomato

Simpl has expanded its partnership with food ordering and delivery platform ZomatoZomato, integrating its 1-Tap Checkout with Zomato Gold, Intercity Legends, and Zomato Everyday. The move aims to improve convenience, conversions, average order value, and user retention for millions of customers across the country.

Simpl’s 1-Tap Checkout on Zomato is expected to attract millions of customers, expanding the serviceable user base for both companies. It has achieved 100 million checkouts on Zomato since 2017, demonstrating strong consumer preference for convenience at the checkout stage.

The companies are anticipating a significant increase in their customer base over the next few years due to a rise in online shopping from tier-3 and beyond cities, increased orders from metro and tier-1,2 cities, and the increasing popularity of Simpl’s 1-Tap Checkout.

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


Edited by Kanishk Singh



Source link

Leave a Reply