“FRAI Urges Centre To Provide Tech Platform For Retailers To Compete With Q-Commerce Giants”
The Federation of Retailer Association of India (FRAI) has urged the government to establish an “advanced technology platform” to empower retail stores in combating the growing dominance of quick commerce platforms like Swiggy Instamart, Blinkit, and Zepto. FRAI emphasized that such a solution would help small and local kirana stores remain competitive amidst the increasing […]
“Flush With Funds, Zaggle Plans 3 Acquisitions By March 2025”
Fintech SaaS company Zaggle has successfully raised approximately INR 592 crore this week through Qualified Institutional Placement (QIP). This significant capital infusion will enable Zaggle to enhance its product offerings and drive topline growth. The company has also set its sights on acquiring three additional investors or businesses by March 2025 to further bolster its […]
“Naxatra Labs Secures Seed Funding To Revolutionize EV Motor Technology”
Electric Vehicle (EV) technology startup Naxatra Labs has raised an undisclosed amount in its seed funding round, co-led by GVFL, Delhivery founder Mohit Tandon, and Aspiring Minds founder Himanshu Aggarwal. The announcement was made by Naxatra’s co-founder Abhilash Maurya through a LinkedIn post. Big Funding Round Maurya revealed that this major funding round also saw […]
“Market Cap Of 32 New Age Tech Stock Surpasses $100 Billion In 2024”
The cumulative market capitalization of 19 new-age tech stocks saw a remarkable growth of 67% in 2024, rising from $40.6 billion at the end of 2023 to an impressive $67.6 billion by the close of 2024. This surge can be attributed to fundamental improvements in these companies and a broader rally in equity markets. Companies […]
“D2CX Cohort 4 Empowering New Age Brands Achieving 10X Growth”
India’s Direct-to-Consumer (D2C) ecosystem has not only gained prominence over the past decade but has also carved out a unique space with its dynamic nature. Unlike traditional FMCG retail stores, D2C brands have embraced a model that directly connects with customers, offering convenience, personalized experiences, and innovative products. This sector is projected to grow exponentially, […]
“Jar Mobile Application Platform Cuts Fiscal Year 24 Loss To ₹104 Crore”
Wealth tech startup Jar has demonstrated remarkable financial growth and cost efficiency in the fiscal year 2023-24. By adopting a revenue-focused and cost-optimized strategy, Jar successfully reduced its net loss by 15%, from ₹123 crore in the previous year to ₹103.97 crore. Company Financial Growth The company experienced a significant 461% increase in operating revenue, […]