Gaming Influencers Strike Gold 🎮, Zoho's Decade-Long Vision for India💼
Mumbai's Delivery Standstill, Ather Energy's Nepal Venture, YouTube's Indian Innovation Hub, Funding Deals and more.
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Tech Updates
🎮 Gaming Influencers Cash In Big During Festive Frenzy 🎉
India's gaming influencers are having a field day this festive season as ad spends by ecommerce and retail giants surged by 22-35%! Riding high on this wave, influencers are pocketing handsome deals ranging from Rs 20,000 to a whopping Rs 8,00,000. Amazon and Flipkart are leading the charge, enticing these online stars to create sponsored content around their deals and offers.🕹️
💼 Zoho Eyes India: A Decade for Dominance 🌍
Sridhar Vembu, the visionary CEO of Zoho Corporation, is setting ambitious sights on India! He predicts that India, driven by rapid growth and its demographic advantage, will emerge as the largest market for the renowned SaaS firm within the next ten years. 🌟🔝
🍔 Delivery Strike in Mumbai 🚫
In a double whammy for Mumbai, delivery workers from Swiggy and Zomato have gone on strike, impacting food deliveries across the city. As the gig economy faces challenges, it's a tough day for foodies and delivery platforms alike. 🥘
🔌 Ather Energy's Electric Odyssey Continues Nepal Beckons 🛵
In an electrifying move, Bengaluru's Ather Energy is expanding its horizons to Nepal! CEO Tarun Mehta announced the two-wheeler EV maker's venture into the Himalayan nation, promising greener and more efficient rides. 🌱
🚀 YouTube’s Innovation Hub: India's Crucial Role 🎥
YouTube's Chief Business Officer, Mary Ellen Coe, highlighted India's pivotal role as a core market and a powerhouse for innovation. With a substantial product team presence, India continues to drive YouTube's cutting-edge suite of products, emphasizing the country's significance in the tech giant's global strategy! 🌟
Funding Deals
Employee healthcare platform Onsurity has raised $24 million in a Series B funding round led by the International Finance Corporation (IFC). Existing investors Nexus Venture Partners and Quona Capital also participated in the round.
Shiprocket has raised Rs 90.7 crore or $11 million in an extended Series E round from McKinsey through its investment arm AFOS LLC.
Collaborative commerce platform Oyela has raised Rs 14.4 crore in a seed funding round led by Prime Venture Partners.
Sixteen-year-old Indian girl Pranjali Awasthi, the owner of artificial intelligence (AI) startup Delv.AI has successfully secured funding of around ₹3.7 crore, according to a report. The AI startup secured investments from On Deck and Village Global.
Tweet of the day🐥
“A gem cannot be polished without friction, nor a man perfected without trials”
- Seneca
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