The startup has raised about $750, 000 till date, and the current round of capital will be utilised in building AI capabilities, while continuing to invest further in technology and talent.
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The Internet and Mobile Industry of India (IAMAI) has said that the provision of Tax Collected at Source (TCS) for e-commerce is an unfair liability imposition on the sector.
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Since its incorporation in February, 2016, HyperXchange has been successful in driving 75% of its traffic from the new and repeat customers combined.
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EngageRocket, a Singapore-based startup launched in 2016 that helps companies build better workplaces using people analytics, has raised an additional $640,000 in a seed round
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The startup has secured over 8 contracts globally, managing a substantial 20 million sq. ft. of built space within six months of its commercial product availability.
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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.
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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…
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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…
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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.
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AntWorks and SBI Investment also announced a Joint Venture (JV) to tap opportunities in the AI space in South East Asia
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