Grocery delivery startup Apna Mart culls 10% of staff, moves base to GurugramApna Mart, an online grocery service, has reduced its workforce by 10%. This move is a result of integrating artificial intelligence into o...
Rural commerce startup Rozana bags $30 million; valuation nears $200 millionRural commerce startup Rozana, which has built an omnichannel retail network spanning 21,000 villages in Uttar Pradesh and Haryana, has rai...
Value retailer SuperK raises Rs 100 crore co-led by Binny Bansal, Mithun Sacheti; cricketer Shubman Gill joins as investorSuperK, an Andhra Pradesh-based budget retail chain, has secured Rs 100 crore in a Series B funding round. The investment, co-led by Binny ...
PCI’s MDR plea; India’s AI startups, acceleratedHappy Tuesday! The Payments Council of India has urged the PMO to reinstate the merchant discount rate (MDR) on UPI and RuPay debit card pa...
Grocery delivery startup Apna Mart raises $25 million in equity-debt mix from Fundamentum, Accel, othersApna Mart, a grocery delivery startup operating in tier-II and tier-III cities, raised $25 million in a mix of equity and debt funding from...
Mom & pop stores vs new kids: India's ubiquitous kirana stores have a new rivalTech-enabled players running self-service outlets like Frendy, SuperK, and Kirana King are challenging traditional kirana stores post-Covid...
Scaled startups could drive venture capital investment activity in 2024: reportDuring 2023, growth and late-stage startups chose to defer fundraising, and investors took their foot off the gas pedal owing to rising int...