Funding news
Quickwork raises $2.5M from DMI Sparkle Fund
No-code platform has raised $2.5 million in funding led by DMI’s Sparkle Fund and NIS Ventures Group.
The company will use the funds to support its global expansion plans, enhance features on its platform, and invest in R&D, among other things.
“With the backing of DMI Sparkle Fund and NIS Ventures Group, we are poised to accelerate our product development both around enhancing user experience and hyper scaling our cloud DevOps infrastructure, expand our market presence across the globe, and continue empowering businesses worldwide to harness the power of automation,” said Dr Milind Agarwal, Founder and CEO of Quickwork, in a press statement.
Founded in 2015 by Dr Agarwal, Deepak Arjan Bhatia and Krish Advani, Quickwork is a no-code automation and API integration platform that helps businesses automate workflows, integrate applications, and enhance productivity.
Healthtech startup Hearing Solutions raises Rs 50 Cr
Hearing-focused healthtech company Hearing Solutions has raised Rs 50 crore from 360 ONE Asset, a new healthcare and life sciences PE fund.
Hearing Solutions said it will use the funds to expand its operations across the country over the next three years.
Based out of Hyderabad, Hearing Solutions is an audiology chain that offers hearing care. It has over 90 centres in India currently and has developed a suite of audiology applications for remote diagnosis.
“The alarming rise in hearing health issues has driven Hearing Solutions to pioneer tech-based solutions that cater to the diverse needs of those affected. Along our way, we faced notable challenges, including awareness, accessibility, and affordability in this realm, and were seeking out the right partners to walk our way in overcoming these aforesaid challenges,” said Selvaraj Rajapandian, Founder and Managing Director of the company.
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Other news
Jio phones go on sale; launches Swiggy One Lite subscription on prepaid plans
Jio has launched its new 4G-based keypad smartphone which runs on the Kai-OS platform, and provides users access to social media platforms.
The phone retails for Rs 2,599 and will be available across ecommerce platforms.
Separately, Jio also launched prepaid plans that come bundled with Swiggy One Lite subscriptions.
Shipyaari partners with India Post for last-mile deliveries in India
SaaS-based logistics company has partnered with India Post to provide last-mile delivery services, especially in lower-tier cities.
The partnership will also aim to make deliveries, particularly in rural areas, more economical.
“This collaboration will not only provide extensive coverage but also ensure faster and more cost-effective delivery for businesses of all sizes, thus enabling us to take a significant step towards our mission to empower D2C businesses, big and small, to reach their customers and to deliver to every address in the country,” said Vishal Totla, COO and Co-founder of Shipyaari.
(The copy will be updated with the latest news throughout the day.)
Edited by Kanishk Singh
