Partners in the News
Avaana Capital invests in Eggoz
Eggoz seeks to innovate a new category that addresses the nutritional needs of emerging middle India as well as leverage technology to organize the supply chain to boost income for farmers. Know more here.
HR tech platform Darwinbox to integrate with WhatsApp for Business
The integration is designed to bring more convenience in this new mode of work and receive important communications quicker.
Urban Company Acquires Australia’s On-Demand Beauty Startup Glamazon
Urban Company (previously UrbanClap) has acquired Sydney-based on-demand beauty startup Glamazon- a real-time booking platform for salons, freelance stylists and beauticians. This deal will consolidate Urban Company’s position in the on-demand home service market in Australia.
Darwinbox Launches The Lightest HRMS App
Darwinbox, a new-age HR platform which takes care of all HR needs across the employee life-cycle – has launched its new lighter Android mobile app, which is as low as 7 MB, making it the lightest app in the sector globally and easily accessible across all areas.
LoanTap featured in the Five Fintechs
LoanTap featured in the Five Fintechs aiding the NTC (New To Credit) segment in accessing credit. The company leverages data and analytics to provide credit online and boost financial inclusion.
Source: Moneycontrol
Urban Company strengthens safety with Microsoft Azure
Urban Company (formerly UrbanClap) invests in strengthening safety protocol using Microsoft Azure Cognitive Services. The company aims to deliver more than 10 million jobs per month by 2022 in 30+ cities across multiple countries making the use of right technology crucial to help accelerate their growth and boost innovation at scale thus, catalyzing impact.
Sourece: CRN.in
Fitternity founders by acknowledged by Entrepreneur India in 35under35
Fitternity co-founders Neha Motwani and Jayam Vora acknowledged by Entrepreneur India in 35under35 2020 list. Fitternity operates an online managed marketplace which enables users to find and book fitness and wellness services.
Source: YourStory
The Indian cosmetic industry and the rise of startups like Nykaa
India’s cosmetics and cosmeceutical market is projected to be $20 billion by 2025 if it continues to grow at 25 percent per year.
Launched in 2012, Nykaa has emerged as India’s largest omnichannel beauty destination making beauty accessible to all. Nykaa was founded by Falguni Nayar in 2012 to bridge the gap in brand beauty retail through e-commerce. The brand has 61 physical stores, following an omni-channel model and has reported a profit of Rs. 2.31 crore in Financial Year 2019.
Source: YourStory
