You are currently viewing Startup news and updates: daily roundup (November 17, 2022)

Startup news and updates: daily roundup (November 17, 2022)


UpScalio partners with Unicommerce to streamline post-purchase experience

UpScalio, a leading house of brands, has partnered with Unicommerce to deploy a supply chain SaaS platform which will streamline operations for its portfolio of consumer brands. The company currently has a portfolio of 13 brands covering segments like homeware and kitchen appliances, automotive accessories, footwear, and ergonomic furniture.

UpScalio has deployed Unicommerce’s order management and warehouse management solutions to improve its warehouse efficiency and ensure faster order processing which will lead to accurate and faster deliveries of orders to the end consumers, according to a press release.

The company is managing its inventory of over 2 lakh products stored across six warehouses in the country. UpScalio processes over 2000 orders every day across its portfolio of thirteen brands.

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Mayank Agarwal

“>Mayank Agarwal

Mayank Agarwal

Eatfit announces Mayank Agarwal as an investor and brand ambassador

Healthy food platform EatFit- housed under Curefoods has announced cricketer Mayank Agarwal as its brand ambassador. Mayank will be representing the brand in all its marketing campaigns and investing in EatFit as a part of the association, for the next two years.

To commend Mayank’s zeal for his game, EatFit will be curating a specific range of food, that will complement his persona and journey on the cricket field. EatFit will be creating a content series for its users to inspire people to embrace healthy living and follow their passion.

Medi Assist acquires majority stake in UK-based global benefits administrator ‘Mayfair We Care’

Bessemer Ventures-backed Medi Assist Healthcare Services Ltd (Medi Assist), an insurtech company, has announced its acquisition of a majority stake in Mayfair We Care (Mayfair), a UK-based healthcare-focused administration service provider with a presence across the world.

The partnership will allow Medi Assist to expand offerings for its customers beyond India and provide global access to medical benefits and health plan administration. Additionally, customers of both organisations can now avail integrated services globally through a combined platform.

 

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India Accelerator and CIEU announce Bharatx, an accelerator for the growth of seed-stage startups

India Accelerator in partnership with the Council for International Understanding (CIEU), an independent research-oriented think tank, has launched BharatX–an accelerator to expedite the development and growth of seed-stage startup ventures.

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Team BharatX (L-R: Ashutosh Bhondele, Munish Bhatia, Ashwani Mahajan, Sridhar Vembu, R. Sundaram, Anilesh Mahajan, Aditya Malik, Ashish Bhatia)

” align=”center”>BharatX

Team BharatX (L-R: Ashutosh Bhondele, Munish Bhatia, Ashwani Mahajan, Sridhar Vembu, R. Sundaram, Anilesh Mahajan, Aditya Malik, Ashish Bhatia)

BharatX will work as a growth enabler to support that startup ecosystem, especially from the Tier II and III cities.

In its first edition of the accelerator programme, BharatX has announced that it will invest Rs 1 to 5 crore for each startup and will also facilitate access to leading corporations along with dialogue with policymakers.

With its partners having an established legacy of excellence and a proven track record of supporting countless founders, investors and aspirants, BharatX will be working as a growth catalyst to take India’s entrepreneurial landscape to the next level by providing them a platform for global expansion.

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


Edited by Affirunisa Kankudti



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