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How Quick Commerce Has Become More Than A Convenience Play

India, Aug. 19 -- Quick commerce is no longer confined to its traditional strongholds of food, groceries and personal care. As Indian consumers become accustomed to near-instant deliveries, the model ... Read More


KKR To Invest In BookMyShow To Fuel Live Entertainment Push

India, Aug. 19 -- Online ticketing and entertainment platform BookMyShow has signed definitive agreements with global investment firm KKR for the latter to acquire a minority stake in the company for ... Read More


Why Dot & Key Waited Until Rs.300 Cr Revenue Before Going Offline

India, Aug. 19 -- Online-first skincare brand Dot & Key waited until it had reached Rs.250 Cr to Rs.300 Cr in revenue and established category leadership online before expanding into offline retail, a... Read More


How Manyavar Is Using AI To Take The Guesswork Out Of Retail

India, Aug. 19 -- Manyavar is as much a technology and data company as it is an ethnic wear brand, claimed Vedant Modi, the company's chief revenue officer. Speaking at a fireside chat at the seventh... Read More


Y Combinator Rakes In Rs.1,435 Cr From Groww Stake Sale, Clocks 55.7X Return

India, Aug. 19 -- US-based startup accelerator Y Combinator has sold shares worth Rs.1,435.2 Cr in Groww parent Billionbrains Garage Ventures through a bulk deal, marking another partial exit from one... Read More


Rezolv Bags $12.5 Mn To Expand AI-Powered Lending Suite

India, Aug. 18 -- AI-powered lending tech startup Rezolv has raised $12.5 Mn (about Rs.115 Cr) in a Series A funding round led by Norwest. Vertex Ventures Southeast Asia and India and existing investo... Read More


Festive Ecommerce: The Battle Beyond The Checkout

India, Aug. 18 -- In last week's edition of The Checkout, we explored how efficient dark store management will be central to quick commerce platforms' festive season sales strategies. Therefore, this ... Read More


Resilient Asset Management Offloads Paytm Shares Worth Rs.2,949 Cr

India, Aug. 18 -- Vijay Shekhar Sharma-owned Resilient Asset Management, acting on behalf of Alibaba Group affiliate Antfin, has offloaded 1.92 Cr shares in fintech major Paytm in a block deal worth a... Read More


Razorpay Launches AI Foundation Model Vulcan To Expedite Digital Payments

India, Aug. 18 -- Razorpay has launched a transformer-based AI foundation model Vulcan built to expedite digital payments. The IPO-bound startup claims that the model can make every digital payment mo... Read More


Meta Begins Action Against Centre's Concerns Over CSAM, Deepfakes: Report

India, Aug. 18 -- Social media giant Meta has reportedly begun taking steps to address concerns raised by the Central government over child sexual abuse material (CSAM), deepfakes, unlabelled AI-gener... Read More