What's New?

Tuesday, 3 August 2021

StackBox gets $1.2-million funding from Ecosystem Ventures, others

StackBox, a Bengaluru-based logistics startup, will use the funding to set up more fulfilment centres to service customers in different geographies, and for developing its technology.

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Alibaba misses revenue estimates as e-commerce growth slows

Alibaba's results mirror those of e-commerce giant Amazon.com Inc in the United States, as the easing of pandemic-related restrictions has led to more consumers visiting physical stores rather than ordering online.

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Sterlite Technologies teams up with Facebook Connectivity for 4G, 5G radio products

The tieup between Sterlite Technologies and Facecbook Connectivity is part of the Evenstar programme, which is global collaborative effort to speed up the adoption of 'Open RAN' and 5G technologies.

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Agritech startup Krishify gets $2.7 million from Omidyar, others

Krishify, a Gurugram-based agritech startup, will use the fresh capital to expand its user base—currently at 3.5 million—and clock a monthly growth rate of 30% by creating robust monetisation channels.

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The $29 billion deal in 11 weeks: how Square bought Afterpay

Square's purchase of Australian buy now, pay later provider Afterpay for $29 billion in stock, the largest ever acquisition by Dorsey's firm, was consummated within three months.

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'We listed in India so our customers could own a part of us'

Zomato cofounder and chief executive Deepinder Goyal spoke to ET's Digbijay Mishra and Samidha Sharma on life after Zomato’s IPO, stiff competition, and new businesses such as grocery delivery.

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Manu Kumar’s HiHello raises $7.5 million from Foundry Group, others

HiHello, a digital business card and contact manager app, will use the fresh funding for hiring and expanding its business platform, cofounder and serial entrepreneur Manu Kumar says.

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