Head of Finance Departs Quick Commerce Startup Amidst Financial Struggles In a significant development, the Head of Finance, Sudharshan N, has departed from the quick commerce startup, highlighting the tumultuous times the company is currently facing. This departure comes amidst a series of challenges, including cash flow issues and delays in paying employee salaries, which …
SuperOps.ai Secures $12.4 Million in Funding with Matrix Partners India’s Support SuperOps.ai, a leading software provider for IT management services, has successfully raised $12.4 million in its latest funding round. This round also saw continued support from early backer Matrix Partners India, emphasizing the company’s growth and potential in the IT management sector. Steady Financial …
Rubi Laboratories Pioneering Sustainable Textile Production and Carbon Capture In a world where environmental consciousness is increasingly important, the story of Rubi Laboratories, founded by twin sisters Neeka and Leila Mashouf in the United States, is nothing short of inspiring. Their innovative company embodies the fusion of nature and science from an early age, resulting …
India’s Rapidly Growing E-Commerce Market A Boon for MSMEs India’s e-commerce market is experiencing exponential growth, driven by a burgeoning internet user base, which reached a staggering 933 million in 2022. This surge in internet adoption, along with the proliferation of smartphones, has transformed the way consumers shop and has created a dynamic environment for …
Strike Disrupts Swiggy Services in Mumbai as Executives Demand Higher Pay A strike that commenced on October 8, following a call given by the Rashtriya Karmchari Sena, has disrupted food and grocery delivery services in Mumbai, particularly impacting Swiggy. Users of the popular delivery platform have taken to social media, notably X (formerly Twitter), to …