North Korea-linked hack hits largely invisible software that powers online servicesThe cyber researchers described the breach as a supply chain attack, in which the hack could enable attacks on downstream entities. The mal...
Elasticity, that right to have all the timeIt would be nice for guvs and prezzies to have a timeframe, but no hurry
B2B ecommerce firm ElasticRun narrows losses by 42% in FY24; revenue drops 49%Though CEO Sandeep Deshmukh said the B2B ecommerce firm’s shift of focus to high-margin regional brands has paid off at the net profit leve...
HSBC estimates Prosus stake in ecommerce unicorn Elastic Run at $200 millionHSBC, in a research note dated May 21, nearly halved the valuation estimate for B2B company Elastic Run, pushing its valuation below the $1...
HSBC cuts Elastic Run valuation; Hero MotoCorp doubles down on AtherHSBC has cut its valuation estimate for B2B ecommerce firm Elastic Run by nearly half, bringing it under $1 billion. More on this in today’...
Staffing companies say festive season will create 20 per cent more jobs this yearAs the festive season approaches, there is a surge in hiring across various industries in India. Sectors such as retail, logistics, e-comme...
SoftBank-backed ElasticRun’s revenue doubles to Rs 1,087 crore in FY21The company, which sells FMCG products to kirana (corner) stores, said it was in “the process of expansion of the distribution network pan-...
ETtech Deals Digest: Uniphore, ElasticRun, Pine Labs raise fundsArtificial intelligence platform Uniphore, business-to-business (B2B) ecommerce firm ElasticRun and digital payments and financial service ...
ElasticRun raises $330 mn led by SoftBank, Prosus Ventures, Goldman SachsThe company has tripled its valuation from $400 million to $1.5 billion after the funding round, cofounder and CEO Sandeep Deshmukh told ET.
ETtech Deals Digest: Polygon, ElasticRun, Livspace raise fundsSecondary scaling solution Polygon, kirana-focused business-to-business ecommerce firm ElasticRun and Omnichannel home interiors platform L...
SoftBank-led funding more than triples ElasticRun’s valuation to $1.5 billionStarted in 2016 by former Amazon executives Sandeep Deshmukh, Shitiz Bansal and Saurabh Nigam, ElasticRun enables small kiranas across the ...
ETtech Deals Digest: Urban Company, ElasticRun raise funds this weekOn-demand home service provider Urban Company and corner-stores commerce platform ElasticRun were among the startups that raise funds this ...
ElasticRun raises $75 million led by existing investorsThe latest round values the company at $400 million post-money and will help expand its reach further into rural markets
ElasticRun raises $40 million from Prosus Ventures, Avataar, othersElasticRun will invest freshly raised capital to further build its technology platform, expand categories, and expand its network coverage ...
South Africa’s Naspers may lead $55 million round in logistics startup ElasticRunPost funding, the valuation of firm may touch $250 million.
Sequoia Capital, others in talks to invest in ElasticRunThe company aggregates the transportation, logistics and real estate resources that are at the bottom of the supply chain, and aggregates t...
Norwest, Kalaari Capital lead $7 million funding round in ElasticRunThe year-old startup will use the proceeds to further build its technology infrastructure, on-board talent and expand operations.