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RESHAMANDI
Mass layoffs hit tech industry: Over 27,000 jobs cut as Intel, Cisco, IBM, and Apple slash workforceTech companies cut over 27,000 jobs in August 2024, with major firms like Intel, IBM, and Cisco among those announcing layoffs. Intel plans...- Tech layoffs in 2024: Apple, IBM, Intel and Microsoft announce job cutsLayoffs in 2024: Tech firms have ramped up layoffs to manage expenses, with Intel, Microsoft, and Match Group cutting significant numbers o...
- Worst of layoffs likely over, startups hand out fewer pink slips in H1Startups cut about 11,250 jobs during the January-June period this year, compared with 21,000 in the first half of 2023 and 15,000 in the s...
- Impact of GCC boom; Infosys staffers cling to WFH in FY24Happy Thursday! The explosive growth in India's global capability centres (GCC) has benefited the real estate, staffing, and infra sectors....
- B2B marketplace ReshaMandi fires 80% of workforce amid fund crunchThe B2B marketplace focused on silk products failed to secure Series B funding. Laden with over Rs 300 crore debt, it is facing court cases...
- AbleCredit raises $1.25 million in funding round led by Merak VenturesAbleCredit raised $1.25 million in a seed round led by Merak Ventures to address the credit gap in emerging nations using innovative AI sol...
- India's cotton exports crash to 19-year low, production and yield plummetsIndia’s cotton production is at a historic low. Not just cotton yield, but the country’s cotton exports are also facing unprecedented press...
- Omnivore raises $150 million for third fund; will invest in 30 startupsWith this, Bengaluru-based Omnivore Agritech & Climate Sustainability Fund expects to make 25-30 new investments in seed and series A round...
- ReshaMandi expects over 5-fold growth in revenue to Rs 2,000 cr this fiscalIn India, ReshMandi claims to have onboarded over 41,000 farmers, 5,500 reelers, over 7,000 weavers and 3,300 retailers and mutually connec...
- B2B agritech marketplace Vegrow raises $25 million in fundingThe Bengaluru-based company’s existing investors Matrix Partners India, Elevation Capital, Lightspeed Venture Partners and Ankur Capital al...
- Agritech startup Gramophone aims to clock Rs 1,000-crore GMV in FY23Gramophone to use the capital to expand its offline retail network to 10,000 stores
- Absolute raises $100 million in funding led by Sequoia Capital, Alpha Wave, Tiger GlobalLast year, Absolute Foods had raised $2 million from Sequoia Capital’s incubation programme, Surge, and two angel investors: Nadir Godrej a...
- Agritech VC firm Omnivore sets up new $130 million fundThis is the third fund by the investor and is expected to close the new fund by September 2022. With this fund the investment firm expects ...
- B2B food supply startup FarMart raises $32 million in fresh funding led by General CatalystFounded in 2015 by Sanghera and Mehtab Singh Hans, FarMart’s model is centred around agri-input retailers and solves some of the challenges...
- Agritech startup AgroStar bags $70 million in new fundsThe agritech startup plans to use the fresh capital to accelerate growth through omnichannel expansion and market linkages.
- Absolute Foods eyes $90 million funding at $300 million valuationAbsolute Foods is likely to mop up a large portion of the amount in a few weeks in what could be one of the biggest Series A funding rounds...
- Agritech startup Bijak in talks to raise $35 million led by Bertelsmann IndiaThe startup also counts Omidyar Network, Omnivore Partners and Better Capital among its investors. It is part of Sequoia startup accelerato...
- Silk B2B startup ReshaMandi raises $30 million in fundingReshaMandi, which provides a full-stack digital ecosystem from farm to fashion, plans to expand its agricultural business in all major silk...
- Sericulture farmers see 20% higher prices on the back of ReshaMandi's digital supportMore than 12,000 sericulture farmers in Karnataka, Tamil Nadu, Andhra Pradesh and Maharashtra currently use the artificial intelligence-bas...
- Reshamandi raises $1.7 million in seed fundingThe funds will be used to strengthen their digital platform and expand beyond Karnataka, establishing a presence in other important Indian ...
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