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FirstCry, Slice’s FY26 numbers; Nilekani’s Fundamentum eyes deeptech pushFirstCry parent cut its losses in the March quarter on tightened costs. This and more in today's ETtech Top 5.- Beyond automation: Why logistics firms are betting on agentic AIIndustry officials say agentic AI is helping supply chains move from “systems of record” to “systems of action”.
- Tech firms seek push for AI, innovation, digital infrastructure in BudgetThe Economic Survey tabled in Parliament on January 29 has recognised Artificial Intelligence (AI) as an economic strategy rather than a pr...
- FarEye revenue grows 26% to Rs 197.5 crore in FY25This rapid margin expansion was achieved through productivity gains from leveraging AI, cost management, cloud optimisation, and operating ...
- Cost and speed top priorities for logistics sector, says reportLogistics prioritize cost, speed for last-mile delivery. Last-Mile Trends Report 2024 shows shift to cost, speed priority. CEO predicts 30%...
- FarEye launches initiative to mentor logistics startupsFarEye launches 'last-mile innovation nexus' for logistics startups with global experts. Kushal Nahata focuses on reducing costs. Event unv...
- SaaS startup Actyv.ai fires 60 staffers as market downturn bitesThe layoffs were a result of a right-sizing initiative in response to prevailing market conditions, a company statement said.
- FarEye lays off 250 employees at time of appraisalThe e-commerce focussed software-as-a-service (SaaS) provider last year raised $100 million from series E
- Document workflows automation platform Nanonets raises $10 millionUsing APIs and no-code customization custom capabilities, Nanonets gives organizations the ability to update internal systems to automate d...
- FarEye announces second Esop buyback programme worth $1.2 millionFarEye will be performing this buyback of vested ESOPs using its cash reserves. Under this liquidation, eligible employees have the opportu...
- FarEye appoints Manoj Rathi chief financial officerRathi is a Chartered Accountant and holds a bachelor's degree in commerce from St. Xavier's College, Kolkata. He has worked in the IT servi...
- Logistics startup Locus raises $50 million, valuation hits $300 millionLocus, a SaaS-based logistics startup, will use the funding from investors GIC, Qualcomm Ventures, Tiger Global and Falcon Edge to fuel its...
- Logistics SaaS startup FarEye raises $100 million from TCV, othersFarEye’s existing investors Eight Roads Ventures, Fundamentum and Honeywell also participated in the round
- FarEye brings on board Dropbox’s Suvrat Joshi as chief product officerJoshi will drive the product vision and accelerate the company’s global product expansion with a key focus on the customer’s needs.
- Tata Steel BSL partners with Fareye for digital transformation in logistic management“In this volatile situation in the world, to help us sustain our leadership position, we have made many interventions in our operation proc...
- FarEye announces first ever Esop liquidity programmeUnder the scheme, eligible employees can liquidate up to 35% of their vested Esop shares.
- E-commerce companies go on a hiring spreeBharatPe has this month hired Nishant Jain from Zomato as its chief business officer and Ankur Jain, a former Walmart Labs executive, as it...
- FarEye brings on board new chief revenue officerIn his new role, Amit Bagga will focus on leveraging key revenue opportunities across sales and operations, enhanced customer experience, m...
- Now, smart lockers solve your delivery dilemmasWith last-mile deliveries and repeated delivery attempts constituting almost 50% of cost for e-commerce players, industry trackers consider...
- Apparel brand Turms hit Rs 24 crore revenue rate, closes an additional Rs 2 crore seed roundTurms sells apparel starting at the Rs 799 price point, plans to break even in the next six to nine months.
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