Zomato Acquires Logistics Startup Sparse Labs to Improve Delivery Experience
Sparse Labs will be renamed as Zomato Trace, and will be given free of cost to restaurants on Zomato’s food delivery network.
SmartSpends rebrands to ETMONEY; Enables mutual fund transactions on the platform
The change of brand name is in line with the team’s vision to create a mobile first home for all personal finance needs of Indians.
Amazon Invests Rs 115 Crore Into Wholesale Unit, Ahead of the Festival Season
The investment was made into its Indian wholesale arm, which runs the company’s b2b portal, and also supplies products like smartphones to merchants on its online marketplace.
Instamojo Launches UPI Payments For Merchants With ICICI Bank Tie-up
The roll out is being implemented in phased stages, and the company said it plans to complete the entire rollout by the end of this month.
Online Bartering Startup Let’s Barter Raises Undisclosed Funding From Scale Ventures
The app-based platform was started by Pooja Bhayana and Sahil Dhingra as a Facebook group in August 2016 and is now home to over 1,80,000 engaged members.
ISRO Launches IIT-Bombay Students’ Satellite ‘Pratham’
Conceptualised in 2008, Pratham was designed with the aim of making the institute a center for space science and technology research.
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