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As part of its Manufacturing Incubation Initiative, the Department for Promotion of Industry and Internal Trade (DPIIT) recently announced a collaboration with HCLSoftware, a leading global provider of software solutions. By encouraging cooperation between governmental and corporate institutions, especially in the field of manufacturing innovative products, this effort seeks to
Zomato, a well-known online meal ordering service in India, has added a new feature that will allow users to plan and pre-order their meals. The newly introduced feature is a replica of Swiggy's food scheduling model. Zomato claims that the new feature, called "Order Scheduling," allows
In an effort to broaden its selection and provide 10-minute medication delivery, Swiggy, an IPO-bound food and grocery delivery service, has teamed up with PharmEasy. The Bengaluru-based company doesn't need any more governmental approvals for this venture because it is collaborating with the e-pharmacy company. Indeed, Swiggy was
Various media reports cited that food delivery giant Swiggy intends to list at a valuation of $11.3 billion for its forthcoming IPO. Listing at a higher valuation of $15 billion or more was the previous goal. However, Swiggy has cut its IPO valuation target in order to increase the
With all necessary shareholder and regulatory permissions, the fintech firm Slice, based in Bengaluru, has successfully merged with North East Small Finance Bank (NESFB) as of October 27. Slice stated in a letter released on 28th October 2024 that the merger will combine the two companies' activities, assets, and
As consumer demand in the metro areas continues to grow, Tata is the most recent e-commerce giant to jump on the ultra-fast delivery bandwagon, following Flipkart and Reliance Industries (RIL). According to recent reports, the Tata group's e-commerce business Neu is about to launch 'Neu Flash'
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This article has been contributed by Krisneil Peres, Co-founder, Fame Keeda. Festive season in India is a sight to behold as the spirit of Diwali not only makes everything lively and vibrant but also marks the start of the Indian household shopping frenzy. For brands and especially e-commerce in present
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This article has been contributed by Unnikrishnan Raghavan, Chief Human Resources Officer, greytHR. Popularly known as the Festival of Lights, Diwali (or Deepavali) is a celebration of good over evil, light over darkness, and knowledge over ignorance. This five-day Hindu festival culminates on October 31 this year. Even other religions
In partnership with Innovate Life Sciences, 4baseCare has opened a genomics lab at Dubai Science Park to begin operations in the city. 4baseCare's strategy plan to increase its presence in Southeast Asia and the Middle East aligns with this expansion. This growth has been fuelled in large part
According to various media reports, Captain Fresh, a business-to-business seafood company, has chosen Axis Capital and BofA to serve as its bankers for its anticipated initial public offering (IPO) in 2025. The company's initial public offering (IPO) aims to raise $350–400 million, of which about half will
Swiggy has launched the "Swiggy Seal," a new project designed to improve food preparation and packaging methods across its restaurant partners in 650 locations, in an effort to raise food hygiene and quality standards. According to a news agency report, the goal of this project is to assist
On October 24, Sarvam AI, an artificial intelligence (AI) firm supported by Lightspeed, unveiled Sarvam 1, a Large Language Model (LLM). According to a tweet on X (previously Twitter), the business says it is India's first indigenous multilingual LLM, trained from scratch on domestic AI infrastructure in ten