Author: Khushi Mundra

New Delhi: EvolveX accelerator, a startup accelerator spearheaded by a global community of successful founders & strategic angels We Founder Circle (WFC), has announced its recent investment in Metabook XR. It is one of the standout startups from EvolveX’s Cohort 2, launched in September 2022. Metabook XR brings immersive and engaging experiences to classrooms worldwide with a mission to make learning joyful.The latest investment will be instrumental in accelerating Metabook XR’s growth. The undisclosed funding will further propel Metabook XR’s mission to revolutionize learning for K12 students through immersive Virtual Reality (VR) and Augmented Reality (AR) content. The funds will primarily…

New Delhi: Shiprocket, India’s 106th unicorn and leading e-commerce enablement platform and Sayl.ai, an AI-driven WhatsApp commerce company, have joined forces in a strategic partnership that promises to transform the way e-commerce brands engage with their customers on WhatsApp. This collaboration brings together Shiprocket’s AI/ML-based product, Shiprocket and Sayl.ai’s proprietary AI capabilities to empower brands with enhanced conversational commerce, enabling natural language-driven customer acquisition, sales, and support on WhatsApp. By combining Sayl.ai’s AI-driven conversational commerce experience and Shiprocket’s best-in-class post purchase communication suite for shipping updates, NDR and RTO reduction the market will now have access to one of  the…

New Delhi: After releasing the first quarter results, Infosys’ share price dropped 1.3% to Rs 1455.55. Analysts anticipate Infosys to report sequential revenue growth in INR in the low single digits and profitability growth in the mid-teens. Additionally, they expect the IT major to report weak quarterly growth in CC terms for Q1FY24E of 0.8%. The price of Infosys stock increased by around 12% in the previous month and decreased by 4% from a year earlier. “We expect Infosys to post low single-digit sequential growth in revenue in INR terms and mid-teens growth in profitability. However, operating margins are likely…

New Delhi: After Singapore, France will soon be able to use the UPI. Indian citizens visiting these nations can transfer money using the UPI in rupees. Ajay Ramanathan looks at the benefits of utilising UPI and how much travellers and business people prefer it to using credit cards. Only if a similar payment operator in the foreign country has a deal with the payment operator in the home country can the UPI be accepted internationally. The National Payments Corporation of India (NPCI) and French company Lyra have established connectivity. This is comparable to the earlier this year-based interface between the…

New Delhi: KwikFix Auto, a frontrunner in India’s automobile start-up industry, is proud to announce the launch of its state-of-the-art mobile application – KwikFix Auto. This innovative app is set to revolutionize how car owners manage vehicle maintenance, emergencies and purchase accessories – all from their smartphone. Available on iOS and Android platforms, the application boasts an intuitive interface allowing users to specify their vehicle model. Based on this, the app customizes its offerings to cater to the user’s vehicle needs. Everything is just a tap away from products like tyres, batteries, and accessories to services like denting & painting, car…

New Delhi: As the company, with its headquarters in Kolkata, wishes to concentrate on its expansion plans, Shree Cement withdrew from the competition to purchase a 40-70% share in Sanghi Cement for an enterprise value of Rs 6000 crore. We’ll concentrate on our strategies for both brownfield and greenfield expansion. Prashant Bangur, vice chairman of Shree Cement, said, “In the current environment, we do not wish to submit a bid for Sanghi Cement. Shree Cement’s short-term focus will be on “own internal expansion”, he said without elaborating. A debt of Rs 1800 crore is included in the enterprise value of…

New Delhi: HealthMug, a prominent health e-commerce startup, is thrilled to announce its strategic alliance with SIRONA, a well-established brand specializing in feminine hygiene products. This association aims to enhance the accessibility of top-notch feminine care items for women all across India. By joining hands, HealthMug and SIRONA aim to address critical concerns pertaining to feminine hygiene while empowering women to prioritize their overall well-being. Through this collaboration, HealthMug broadens its marketplace by incorporating SIRONA’s diverse array of innovative and dependable feminine hygiene products. Partnering with SIRONA has further substantiated HealthMug’s presence in the market segment focused on female care…

New Delhi: The same-day delivery startup Blitz has raised $3 million from several investors, including India Quotient, Better Capital, First Cheque, Titan Capital, and angel investors Farid Ahsan, Abhinav Jain, Rahul Dash, Kunal Shah, Prabhkirandeep Singh, Ishendra Agarwal, Kalpak Chaajed, Arjun Vaidya, Gaurav Pushkar, Piyush Kedia, and Anshoo Sharma. The business declared that it would use the money to build out its network of dark stores and improve technology infrastructure. Blitz, an online marketplace founded in 2021 by Gaurav Piyush, Yash Sharma, and Mayank Varshney, guarantees same-day delivery to vendors who place their orders before 3 o’clock. In Blitz’z dark…

New Delhi: Following the publication of the company’s Q1 business update, Adani Transmission increased by 1.88% to Rs 798 today. The Adani Group company disclosed that it had successfully secured three innovative meeting projects during the quarter. The price of Adani Transmission stock has dropped over 70% over the last six months and 2 % over the past month. The company’s market value is Rs 88012 crore at the current price of Rs 789.05 per share. On September 16, 2022, the stock reached a 52-week high of Rs 4238.55 and on. March 1, 2023, it got a 52-week low of…

New Delhi: Skillsoft (NYSE: SKIL), a leading platform for transformative learning experiences, announced significant enhancements to its technology skilling solution, now branded as Codecademy. Through an expanded content library of over 6,000 courses covering the most in-demand technology skills, new interactive learning and practice formats, and access to more than 500 Skill Benchmarks to assess, index, and track workforce skills development, Skillsoft’s enhanced Codecademy enterprise solution enables organizations to close skills gaps and harness the potential of new and emerging technologies, like generative AI, to drive growth. These enhancements come at a time when IT leaders struggle most with talent…