Harsh Mandavia August 09, 2024 • Estimated Reading Time: 2 minutes
IIT-Delhi is a breeding ground of innovation and has churned as many as 53 Indian unicorn and soonicorn founders.
Payoneer to Acquire Skuad for $61 Million - Finovate
Payoneer is acquiring HR platform Skuad in a deal that is set to close for $61 million in cash and may include an extra $20 million.
FirstCry IPO subscribed 12.2 times; Unicommerce issue booked 167.5 times
The IPOs of FirstCry and Unicommerce eSolutions garnered strong response on the final day after muted bidding on the first two days.
Quick commerce eating into market share of kiranas, not ecommerce: Delhivery CEO Sahil Barua
Delhivery's cofounder and CEO Sahil Barua said that the economics of 10-15 minute deliveries may not be sustainable beyond groceries and FMCG. Barua, who also sits on the board of public markets-bound food and grocery delivery firm Swiggy, also spoke about the outlook on Indias ecommerce market. Delhivery, which swung back into a profit for the April-June quarter, is launching a network of shared dark stores for brands and ecommerce players to deliver in 2-4 hours
India’s e-commerce boom: Gen Z, small cities, and self-care trends on the rise, says Meesho | Business Insider India
Meesho's inaugural Smart Shopper Report for H1 2024 explores evolving online shopping trends, highlighting how mass customers who make up 80% of online shoppers are driving significant changes in shopping habits and preferences.
Startup news and updates: daily roundup (August 9, 2024)
YourStory presents the daily news roundup from the Indian startup ecosystem and beyond. Here's the roundup for Friday, August 9, 2024.
