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Boldcap’s plan for Indian AI founders; Unicommerce to buy Shipway

  • India will now have only one domestic full-service airline as Vistara officially merges with Air India.
  • Singapore Airlines will invest an additional Rs 3,194 crore in Air India by subscribing to new Air India shares.
  • Passenger traffic data from DGCA showed that Indian airlines accounted for 45.6% of international traffic in India.
  • IndiGo is set to introduce its first business-class service which will debut on the Delhi-Mumbai route.
  • Female gamers make up 44% of India’s 591 million gaming population, gaming venture fund Lumikai said in its report.
  • Chennai-based BoldCap has launched Bracket, a GTM platform to connect Indian entrepreneurs with global companies.
  • E-commerce enablement SaaS platform Unicommerce to acquire a 42.76% stake in ecommerce tech firm Shipway.
  • Unicommerce's acquisition of Shipway will expand its product portfolio and its integrated marketing platform will feature solutions for courier aggregation, shipping automation and returns reduction.
  • Marieen Vijay, a well-known animal welfare activist and women's self-defence pioneer has lived a life of transformative action.
  • External Affairs Minister S Jaishankar called for urgent measures to address India's widening trade deficit with Russia.

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