Indian Startup Business in India on2021-06-04

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Article on June 04, 2021

Benetton India Appoints New CEO

Ramprasad, who starts in his new position June 7, brings to Benetton Group significant experience in the fashion retail sector, having worked for Reebok India Co., Lerros Fashions India Ltd., Clarks Future Footwear Ltd.India, C&J Clarks International UK, and finally for C&J Clarks International Singapore

Addverb Technologies To Raise $80-120 million

The company plans to set up another unit in addition to the Noida unit after it receives this round of funding.

Holisol Raises $3M From Northern Arc

This round of fundraising will help fulfill this demand and accelerate its growth. They are looking to expand from 100FCs to 800FCs by 2025.

RoundGlass Acquires Gympik Health Solutions

With this acquisition, RoundGlass is looking to increase the suite of products it offers to its customers

Softbank To Invest In Flipkart

After this transaction, Flipkart would be valued at $28 Billion to $30 Billion depending on the final investors on board. The deal is expected to sail through in the upcoming 3-4 months

Vernacular.ai Rolls Out Host Of Initiatives Amidst Covid 19

The program entails a series of initiatives to provide monetary and healthcare support to employees and their family members while extending the aid to encompass proactive team contributions toward wellness, and to help those who have been impacted by the pandemic