Article on August 17, 2021
Yellow Class Raises $6 Mn in Series A led by Elevation Capital
The company will use the funds for improving the product experience (for both parents and children), developing more holistic content, building brand awareness, hiring for leadership roles across the product, technology and engineering verticals, and driving expansion in over 500 cities in India and international markets. In November 2020, it had raised $1.5 Mn in a seed round led by India Quotient
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Zipaworld Forays Into Courier Services With Home Pick-up Option
The company will cater to both domestic and international customers. With the launch of the courier module in their newly designed portal, the company has ventured into the Indian domestic courier, express, parcel (CEP) logistics segment
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Smart Express Raises Rs 100 Cr In Seed Funding
The startup is looking to launch operations during the forthcoming festive season in 30 cities, it said adding the plan is to set up 300 centers pan-India in the next three years
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Element5 Closes $15Mn Series A Led By Insight Partners
Element5 delivers end-to-end workflow automation that uses software robots, which log into everyday systems and perform daily administrative tasks exactly like a human would, helping teams save hours on repetitive clicks
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Flipkart Adds Four New Fulfilment And Sortation Centres In Maharashtra
The new facilities located in Bhiwandi and Nagpur are collectively spread across an area of nearly 7 lakh square feet, helping create over 4,000 direct and indirect jobs
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Rezo.ai Adds Vernacular Languages Ahead Of The Festive Season
Working with leading businesses across sectors such as Retail, Logistics, eCommerce, BFSI, and Telecom, Rezo.ai successfully brings down customer query resolution time from days to a few seconds, helping businesses effectively manage the influx of queries and delivering a better customer experience (CX)
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Value 360 Communications Launches ESOP Policy
The stock option plan will be extended to Value 360 Communications’ long-term employees as well as new team members who display exceptional performance
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Leverage Edu Announces The Fresh Batch Of Leverage Edu Scholars
Leverage Edu Scholars today hail from more than 40 cities in India, 60% amongst which are Tier-2/3 cities. Leverage Edu reports that they are receiving huge traffic on the scholarship page from students going abroad this year, especially students who are UK-bound
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Klub Raises $20 Mn To Turbocharge Revenue-Based Financing
Klub provides funding for recurring marketing, inventory, and capex spends to a wide variety of digital-first companies and SMEs across e-commerce, D2C, ed-tech, SaaS, and broader digital commerce spectrum
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OkCredit To Double The Workforce By FY-22
Despite two severe waves of the pandemic since last year, crippling the business environment, OkCredit’s user base has grown by 34% since March 2020
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