Tarush Bhalla
Stories by Tarush Bhalla
Nutrition brand OZiva raises $5m funding led by Matrix Partners India
OZiva will use the proceeds to boost R&D spend, technology and team expansion and to widen customer base.
India: Paytm Mall plans same-day hyperlocal deliveries for electronics, groceries
Paytm Mall has been ramping up its hyperlocal play through partnerships with local kiranas and offline stores.
India: NABARD fund makes debut investment in fintech startup Jai Kisan
Jai Kisan plans to invest the capital to hire across roles in operations and process management, as well as invest in its technology platform.
India: Paisabazaar lays off over 1,500 employees to cut costs amid Covid crisis
The layoffs have been predominantly in roles involving operations and business acquisition.
India: SaaS startup Postman raises $150m funding at $2b valuation
The funding was led by US-based venture capital fund Insight Partners.
Innoviti Payment raises Series C funding from FMO, Bessemer Venture
With this funding, Innoviti also aims to become cash-flow positive by March 2021.
Food aggregators pivot to cloud kitchens as online orders surge
These food-tech unicorns are now working with restaurants to help them resume operations by offering their cloud kitchen facilities.
India: HealthPlix Technologies snags $6m funding led by JSW Ventures
With this, the total equity funding raised by the startup stands at $10 million.
India: Paytm extends ‘Postpaid’ lending service to offline retail outlets
This service will help users eliminate the need to withdraw cash to meet monthly household expenses.
India: Swiggy shuts down on-demand premium food delivery service Scootsy
Swiggy had acquired Mumbai-based Scootsy in an all cash deal in 2018.
