A naukri.com initiative
Startup News
Inc42
3d
648
Image Credit: Inc42
Flipkart’s Delivery Fleet Has 10K EVs Now
- Flipkart has reached a milestone of 10,000 electric vehicles (EVs) in its delivery fleet.
- The company aims to fully electrify its delivery fleet by 2030.
- The shift to EVs has improved last-mile delivery speed by 20% and reduced logistics costs.
- Flipkart plans to expand EV adoption in non-metro cities through partnerships and aggregator models.
Read Full Article
7 Likes
ISN
3d
598
Image Credit: ISN
Former Indian cricketer Gautam Gambhir joins CoinDCX as a brand ambassador
- Former Indian cricketer Gautam Gambhir has been appointed as the brand ambassador of CoinDCX, a homegrown crypto exchange.
- Gambhir will be the face of the 'Learn Karo. Crypto Karo.' campaign, aimed at empowering Indian investors with essential knowledge about crypto investments.
- CoinDCX seeks to break down barriers by educating investors and enabling more Indians to confidently engage with cryptocurrencies.
- Through education initiatives like Unfold, DCX Learn, Namaste Web3, and Community Chapters, CoinDCX has already empowered over 4.45 million people.
Read Full Article
2 Likes
Inc42
3d
758
Image Credit: Inc42
ixigo Expands ESOP Pool, Allots 17.57 Lakh Stock Options
- Online travel aggregator ixigo has expanded its employee stock option plan (ESOP) with the grant of 17.57 Lakh stock options under ESOP 2024.
- The options will vest over a period of four years in equal annual installments of 25% each, with each option converting into an equivalent number of equity shares.
- The options have been granted at an exercise price of INR 93 per share.
- The primary reason behind the decline in profit was a rise in total tax expenses, which stood at INR 5.26 Cr in Q2 FY25.
Read Full Article
15 Likes
ISN
3d
630
Image Credit: ISN
Zomato partners with NSE to conduct financial literacy workshops for food delivery partners
- Zomato has partnered with NSE India to promote financial literacy among its delivery partners.
- Both NSE and Zomato will host financial literacy workshops across India.
- The first workshop in Hyderabad saw voluntary participation of over 2,000 delivery partners.
- The workshops aim to provide a basic understanding of finance and help partners manage their finances effectively.
Read Full Article
4 Likes
Siliconangle
3d
821
Image Credit: Siliconangle
Cogna reels in $15M for its AI-powered ERP platform
- Cogna, a UK-based ERP startup, raised $15 million in a Series A funding round.
- Notion Capital led the round with participation from Hoxton Ventures and Chalfen Ventures.
- Cogna's AI-powered platform promises shorter setup times and streamlining of business tasks.
- Cogna's platform caters to various industries, helps in cost savings, and offers features for data management and field service.
Read Full Article
11 Likes
Insider
3d
677
Image Credit: Insider
$3 billion startup Sword Health cuts some physical therapists as it ramps up AI to treat more patients
- Sword Health, a $3 billion startup, has cut a portion of its physical therapists as it aims to manage more patients using AI.
- The company confirmed that 13 physical therapists were let go in October, constituting approximately 17% of its treatment-facing clinicians.
- Sword Health plans to increase the average caseload for its physical therapists to 700 patients by the end of 2024, compared to the previous range of 200-300 patients per therapist.
- The startup utilizes AI-generated messages for patient conversations, allowing therapists to edit or reject suggestions before sending them.
Read Full Article
2 Likes
Yourstory
3d
4.6k
Image Credit: Yourstory
Wheelocity raises $15M from Lightspeed as it refocuses on fresh produce in Tier III+ towns
- Semi-urban commerce platform Wheelocity has raised $15 million in a funding round led by Lightspeed Ventures.
- The new funding will support the company's expansion into 20,000 towns and villages over the next year.
- Wheelocity focuses on B2C operations in Tier III towns, offering fresh produce, groceries, and daily essentials to customers.
- The company plans to expand its presence beyond central Tamil Nadu and into Karnataka, Andhra Pradesh, Telangana, and Kerala.
Read Full Article
20 Likes
Yourstory
3d
155
Image Credit: Yourstory
How digital platforms are revolutionising medical knowledge sharing in the modern era
- Digital platforms designed specifically for healthcare professionals are transforming medical practice through innovation and collaboration, reshaping how doctors learn, teach, and collaborate.
- Digital platforms serve as hubs for continuing medical education, case discussions, and peer collaboration, allowing doctors to stay updated with evolving clinical practices more easily than ever before and share local developments in disease management.
- The digital healthcare revolution has enabled doctors, regardless of location, to collaborate with peers and experts worldwide, using live webinars and structured digital courses giving Indian doctors access to global experts in infectious diseases.
- Digital platforms are designed to provide content tailored to clinicians' needs, ensuring they access accurate, up-to-date information.
- Gamifying education through polls, surveys, and quizzes is making learning more engaging for doctors, giving them access to interactive features that engage them and provide real-time feedback to content creators.
- Structured and certified courses from Centres of Excellence help doctors deepen their expertise in areas like infectious diseases, cardiology, and diabetes management, while real-time peer-to-peer learning enables doctors to present challenging cases and receive feedback from specialists worldwide.
- The potential of digital platforms in healthcare is immense and AI-driven content recommendations based on a doctor’s speciality is already underway.
- Digital platforms are driving a new era of medical collaboration and knowledge sharing, empowering doctors to continuously learn and provide better care by breaking down barriers, curating relevant content, engaging doctors through interactive tools, and offering certified courses.
- The future of healthcare will be shaped by these platforms, where collaboration, innovation, and continuous learning are at the heart of everything doctors do.
Read Full Article
9 Likes
Yourstory
3d
291
Image Credit: Yourstory
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.
Read Full Article
17 Likes
Inc42
3d
347
Image Credit: Inc42
Wheelocity Raises $15 Mn To Expand Into FMCG Space
- Supply chain network enabler, Wheelocity, raises $15 Mn in Series A2 funding round led by Lightspeed.
- The startup plans to expand into non-food FMCG items and household essentials.
- The funding will support expansion to 20,000 towns and villages, targeting a reach of 10 Mn consumers.
- Wheelocity aims to enhance its tech stack and build a commerce ecosystem for semi-urban and rural markets in India.
Read Full Article
20 Likes
Economic Times
3d
219
Image Credit: Economic Times
B2C commerce startup Wheelocity raises $15 million from Lightspeed, others
- B2C commerce startup Wheelocity has raised $15 million in a funding round led by Lightspeed India Partners.
- The funding will support Wheelocity's expansion plans across 20,000 towns and villages in southern India.
- Wheelocity aims to reach a user base of 10 million and is building a hybrid online and offline B2C commerce platform.
- The company currently has a fleet of 1,500 three-wheeler electric vehicles and over 2,000 delivery partners.
Read Full Article
13 Likes
StartupDaily
3d
287
Looking at both sides of the Australian government’s plan to ban under-16s from social media, it’s more complicated than I first thought as a parent
- Australia's proposed legislation would ban children under 16 from social media platforms, prompting debate among critics and supporters of the move.
- Critics believe the law puts too much power in the hands of the government, with others arguing that age-appropriate digital education is a more effective solution.
- Supporters of the ban argue that social media companies are not doing enough to self-regulate, and that the government has the responsibility to protect young people online.
- While social media can be both a sanctuary and a minefield for young people, navigating this tension responsibly is no small task.
- Australia's proposed legislation may not be flawless—no single policy will capture the complexity of young people’s digital lives.
- It raises questions and seeks to put pressure on Big Tech to finally take younger users’ wellbeing seriously.
- It is a call for everyone – parents, educators, governments, and tech platforms alike – to work towards an online ecosystem that protects young people without isolating them from the connection and support they may desperately need.
- Commercial pressures on tech companies and social platforms are necessary to deliver real change.
- The legislation may not be the solution in itself, but it encourages everyone to keep working towards making social media safe for younger users.
- It’s a balance we haven’t yet figured out - kids need safety, but they also need community and compassion.
Read Full Article
17 Likes
TechCrunch
3d
187
Image Credit: TechCrunch
Lightspeed doubles down on Wheelocity as it pivots to rural India commerce
- Chennai-based startup Wheelocity aims to tap into the untapped market of rural India by building a platform that enables people in semi-urban and rural areas to shop online.
- They are focused on providing a 100x better alternative to consumers in these areas and have taken a 'phygital' approach, using electric three-wheelers to physically deliver goods and gain the trust of consumers.
- The startup currently offers its e-commerce platform in 3,500 villages and plans to scale to 20,000 towns and villages in the next 12 months.
- Lightspeed, Wheelocity's existing investor, has led its Series A2 funding round of $15 million, recognizing the large and untapped market size and the startup's unique business model.
Read Full Article
11 Likes
StartupDaily
3d
391
Kiwi shoplifting intelligence software platform raises $74 million Series C
- New Zealand retail crime reporting and surveillance platform, Auror, has raised NZ $82 million (A$74.3m) in a Series C funding round.
- The funding was co-led by W23 Global, Axon Enterprise, and Reinventure, valuing Auror at over A$500 million.
- The capital will be used for research and development, expansion into the US and UK, and increasing the headcount.
- Auror's crime intelligence software is used by 150,000 retail users globally, and the company is currently under investigation by Australia's Information Commissioner.
Read Full Article
23 Likes
Siliconangle
3d
215
Image Credit: Siliconangle
Data management startup Connecty AI launches with $1.8M
- Connecty AI Corp. has launched with $1.8 million in funding to provide a platform for companies to analyze their data more easily.
- The platform, powered by artificial intelligence, helps organize and query data for analysis.
- Connecty AI's platform uses prepackaged connectors that take less than five minutes to deploy.
- The company will use the funding to expand its feature set, develop more connectors, and integrate its software with customers' workloads.
Read Full Article
12 Likes
For uninterrupted reading, download the app