Rural e-commerce startup Inthree raises $4 million in Series A funding by Ventureast, Orios, IAN Fund

Inthree Access Services Pvt Ltd., a technology enabled e-commerce platform for the next 500 million consumers, has raised $4 million in a Series A funding. The round, led by Ventureast, also saw participation from Orios Venture Partners and the IAN Fund.

Read More

Food delivery startup Swiggy acquires Mumbai based on-demand delivery platform Scootsy

Bangalore: Swiggy, India’s largest food ordering and delivery startup announced the all-cash acquisition of on-demand delivery platform Scootsy, an intracity service that gets the best of restaurant and gourmet food, toys, beauty, electronics and more to the customer’s doorstep. With this acquisition, Swiggy will further strengthen Scootsy’s curated restaurant network and help the brand expand to newer cities on the back of its operational excellence and backend strength. Scootsy will continue to operate as an independent app post the acquisition. For Swiggy, the acquisition of Mumbai-based Scootsy is in line…

Read More

Fintech startup ZestMoney acquires PhotographAI to strengthen its AI capabilities

Bangalore: Fintech startup ZestMoney, one of India’s largest digital consumer lending platform has acquired PhotographAI, an AI-as-a-service platform offering various computer vision APIs. The strategic move will further strengthen ZestMoney’s capabilities in AI, visual AI and OCR. With this acquisition, ZestMoney is expected to have one of the most advanced automated credit assessment capabilities in the market. This is also a further step to delivering the most hassle-free automated and paperless credit products to more than 300 million households who currently do not have access to credit cards or any…

Read More

What makes MoEngage – South East Asia’s fastest growing marketing automation cloud startup

Using AI to help Fortune 500 brands deliver customer engagement, MoEngage Inc. – A California based marketing automation cloud startup is the hottest marketing platform today with 65% of revenue coming from outside India.

Read More