Article on May 03, 2023
Zomato-backed Magicpin Is Delivering 10,000 Orders Per Day On ONDC
Hyperlocal startup magicpin in early April announced that it had onboarded nearly 25,000 food merchants from its network of local restaurants
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Kiwi Raises $6 M In Pre-seed Round From Nexus, Stellaris, Others
The credit card platform launches credit on UPI solution for customers
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Edtech 2.0: Prioritise Purpose Over Ambition, Value Over Valuation And Impact Over Fame
The key issue with Edtech 1.0 was that it focused on the product over the learner. This approach needs to change; the edtech industry needs to focus on how learners can apply their knowledge and skills practically to produce favorable outcomes and deliver results
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Swiggy Pays Out Over Rs 31 Cr In Claim Amounts To Delivery Partners in FY23
Along with hospitalisation and OPD coverage, Swiggy delivery partners receive Rs 10,00,000 in case of fatalities. The company claims that 96 peer cent of the claims get settled within seven days
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DroneAcharya's FY23 Profits Surge 700% At Rs 3.42 Cr
This was the company's first result since its debut in the public market. In December last year, DroneAcharya stock debuted on the BSE at Rs 102, compared to the public offering price of Rs 54
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Locobuzz Launches 'ResponseGenie' To Help Companies Enhance Customer Experience
With the launch of ResponseGenie, Locobuzz claims that it is addressing a pressing business need. The new capabilities are perfect for enterprises to drive better customer experiences, facilitate faster responses, and improve productivity
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Drone Maker IdeaForge Gets SEBI Nod For IPO Of Rs 300 Cr
Leading investors including Infosys, Qualcomm, Celesta, Florintree, EXIM Bank, Indusage Technology Venture Fund, and Infina Finance back the Mumbai-based startup
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Consumer Benefit Marketplace Thriwe Acquires Health-fintech Platform UCare
As part of this acquisition, Mumbai-based UCare’s 100-plus team along with its founder will join Thriwe as a part of its larger global expansion plan
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Early-stage Startup Janitri Bags $1.1 M In Pre-Series A Round
With the acquired funds, it plans to scale up its current product offering in hospitals/clinics and gain traction for early entry to home monitoring. Additionally, the MedTech startup aims to acquire international regulatory approvals by 2024
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ZestIoT Raises $6.5 M In Series A Round Led By IvyCap Ventures
ZestIoT claims that it manages over 600 flights, 600 equipment, and 9,000 personnel daily. Also, it intends to use the fresh funds in enhancing passenger experience
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