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Blinkit will deliver Urban Company's water purifiers in 30 mins
short by Vivek / on Monday, 18 March, 2024
Urban Company has partnered with quick-commerce platform Blinkit. With this partnership, the Zomato-backed company will deliver its recently launched water purifiers in 30 minutes and install them within three hours. Urban Company recently expanded its service offerings to include wall panelling, woodwork, and premium wall painting, indicating a continuous exploration of new service categories.
read more at Indian Startup News
BNZ Green specializing in climate solutions raises $100,000
short by Vivek / on Monday, 18 March, 2024
BNZ Green, a Mumbai-based startup specializing in blockchain-based climate solutions, has raised $100,000 in a pre-seed funding round led by Climate Detox with participation from angel investors. The startup has developed a flagship product, BNZ X, which is designed to revolutionize the carbon credit market by leveraging blockchain technology for enhanced transparency and efficiency.
read more at Indian Startup News
PhonePe's Indus Appstore crosses over 1M installs within one month
short by Vivek / on Monday, 18 March, 2024
UPI payment giant PhonePe's Indus Appstore has swiftly crossed over 1 million installations within just a month of its launch. Notably, the company said that 45% of its users come from Tier II cities and its success is attributed to its diverse range of app categories, including finance, games, and social media, which have shown considerable popularity among users.
read more at Indian Startup News
B'luru startup offers solar power subs to address climate crisis
short by Rashaad / on Monday, 18 March, 2024
Bengaluru-based Samuel's concern for climate change exacerbated when his hometown in Kerala faced devastating floods in 2019. Determined, he founded SundayGrids, offering Digital Solar subscriptions. With 250+ customers added in a few days, they've generated 200 MWh of clean energy against 1.8 lakh kgs of carbon emissions. Currently, they offer power bills from 70+ power providers across India.
read more at Startup Pedia
Flipkart co-founder Binny Bansal invests ₹200 crore in Curefoods
short by Vivek / on Monday, 18 March, 2024
Binny Bansal, co-founder of Flipkart, has invested an additional Rs 200 crore in Curefoods, a cloud kitchen startup, through his fund Three State Ventures. Curefoods is known for operating brands like EatFit, Nomad Pizza, Sharief Bhai Biryani, Frozen Bottle, and CakeZone. Besides Curefoods, Bansal is also an investor in Acko, Inshorts, Ula, Rupifi, and Cult.fit, among others.
read more at Indian Startup News
Which are the fastest growing companies in India as per FT's APAC 2024 list?
short by Hiral / on Monday, 18 March, 2024
Electric vehicle platform Zypp Electric emerged as the top company in Financial Times' 2024 list of Asia-Pacific's fastest-growing businesses. The list of 500 companies featured 71 Indian businesses, such as BigHaat, SafeGold, Recykal, Safexpay, Scaler, Lead, Pernia's Pop-up Shop, and Credit Fair. In country terms, South Korea topped the list with most growth companies and India ranked fourth.
read more at NDTV Profit
B2B marketplace Jumbotail raises ₹151 crore led by Artal Asia
short by Vivek / on Monday, 18 March, 2024
Jumbotail, a B2B marketplace and retail platform specializing in food and grocery, has raised Rs 151 crore ($18.2 million) in a Series C3 funding round. The round was led by Artal Asia, with participation from a consortium of investors. The startup plans to use the raised capital to scale its suite of go-to-market (GTM) products and services.
read more at Indian Startup News
Today's business models won't last a decade: Deepinder Goyal
short by Pratham Nagpal / on Monday, 18 March, 2024
Speaking with Info Edge’s Sanjeev Bikhchandani at ‘Startup Mahakumbh’, Goyal said “With all the tech and the distribution systems that are changing, no business model will last beyond a decade or two. So you have to actually innovate and create new businesses out of the outcome that you have created so far, if you want to last longer,”.
read more at Inc42 Media
Coffee chain Third Wave to get new CEO
short by Aditi / on Monday, 18 March, 2024
Third Wave Coffee appoints Rajat Luthra, former head of KFC India and Nepal, as CEO, effective April 3. Founder Sushant Goel will undergo a nine-month handover period before transitioning to a board member role. The move follows a $35 million funding round in September led by private equity firm Creaegis and existing investor WestBridge Capital.
read more at thearcweb.com
Teacher-cum-urban farmer builds successful microgreens business
short by Rashmi / on Monday, 18 March, 2024
When Aditi Mali was teaching urban agriculture at Ahmedabad colleges, she set up Mali Greens to familiarize her students with farming. That was in 2021. Now one of the biggest producers of organic microgreens in Gujarat, this teacher's venture supplies nutritious microgreens to top hotels, wholesalers, and retail subscribers and is growing at 150% annually.
read more at 30 Stades
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