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AUM Ventures launches Enterprise Fund
, an early and pre-growth stage enterprise capital agency empowering tech/tech-enabled and consumer-focussing Indian entrepreneurs has introduced the formal launch of its maiden enterprise capital fund. AUM Ventures is a VC fund licensed and controlled by Abu Dhabi World Market (ADGM), the worldwide monetary centre of the UAE’s capital Emirate.
India just lately surpassed the UK because the fifth world economic system and with a projected development fee of greater than 6%, it’s forecasted to be the third-largest economic system by 2030.
With places of work in Abu Dhabi, Bengaluru, and Mumbai, AUM Ventures bridges India with world markets, working with India’s giant technical diaspora to carry concepts and innovation again to India, whereas additionally performing as a platform for Indians seeking to take their concepts to the worldwide stage. The agency works with founders to arrange regional operations and lift follow-on capital from world buyers to facilitate market growth.
Amagi acquires Streamwise so as to add extra energy to its streaming knowledge analytics options
Media tech firm has mentioned it has acquired Streamwise, an early-stage knowledge aggregation and reporting platform for content material distributors. Streamwise specialises in automating and standardising knowledge assortment throughout streaming platforms.
The acquisition will assist Amagi to boost its knowledge options capabilities with complete, extra streamlined reporting and dashboards.
With the explosion of dwell linear channels, promoting, and viewership on Free Advert-supported Streaming TV, knowledge and insights on content material and advert efficiency will grow to be the important thing differentiator that helps content material creators keep forward of the sport. The necessity for complete insights is forcing content material creators to take a position closely in constructing these capabilities in-house.
Priyanka Chopra Jonas’ hair care model Anomaly launches on Myntra
Actor Priyanka Chopra Jonas’ hair care model, Anomaly, launched on twentieth November on Myntra, providing high-quality and environmentally acutely aware merchandise to haircare fans, wanting so as to add clear and efficient formulation to boost their hair care regime.
Priyanka Chopra Jonas’ hair care model Anomaly launches on Myntra
AWS launches second infrastructure area in India
Amazon Net Providers, Inc. (AWS), in the present day introduced the launch of its second AWS infrastructure area in India—the AWS Asia Pacific (Hyderabad) Area. Beginning in the present day, builders, startups, entrepreneurs, and enterprises, in addition to authorities, training, and nonprofit organizations, could have better selection for operating their functions and serving finish customers from knowledge facilities positioned in India.
Prospects could have entry to superior AWS applied sciences to drive innovation together with knowledge analytics, safety, machine studying, and synthetic intelligence (AI), the corporate confirmed.
The Sleep Firm to launch two phygital shops in Mumbai
The Sleep Firm, a SmartGRID technology-based mattress and comfort-tech resolution supplier has launched two shops in Thane and Andheri West, Mumbai. This marks The Sleep Firm’s entry into the nation’s monetary capital along with its presence in Hyderabad and Bengaluru. The model shall be utilising the funds it just lately secured in its Collection B spherical to understand its goal of opening 25+ shops throughout the nation.
Each of The Sleep Firm’s Mumbai shops will function key experiential touchpoints for patrons to work together with the model. The offline foray broadens the attain and accessibility of the model’s revolutionary improvements to a wider viewers. The shop will perform based mostly on a phygital mannequin, permitting the purchasers to money and carry small merchandise from the shop whereas ordering SmartGRID mattresses on-line that can get delivered to their doorstep.
SG Analytics appoints Rob Mitchell as the brand new advisory board member
SG Analytics, a World Insights and Analytics firm, has introduced the addition of Rob Mitchell to its advisory board. Rob Mitchell, an trade veteran and completed skilled with over 25 years of expertise is the Co-founder & CEO of FT Longitude, a London specialist thought management company that advises world B2B manufacturers.
Flipkart and Axis Financial institution associate to launch ‘Flipkart Axis Financial institution Tremendous Elite’ bank card
Ecommerce market and Axis Financial institution, the third largest personal sector financial institution in India, have partnered to launch the ‘Tremendous Elite Credit score Card’. In an effort to scale the Flipkart SuperCoins reward programme and improve the client buying expertise, this card will serve intensive worth to consumers.
Following the three million milestone just lately achieved for the prevailing Flipkart Axis Financial institution Credit score Card, this partnership allows one more avenue for patrons on the platform to unlock and revel in distinctive rewards.
The Tremendous Elite Credit score Card will supply an activation advantage of 500 Flipkart SuperCoins with 4X SuperCoins earned for each transaction on Flipkart and rewards as much as Rs 20,000 throughout Flipkart, Myntra, Flipkart Well being+, Cleartrip, and Flipkart Accommodations.
Inexperienced Soul Ergonomics crosses the 200 Cr ARR mark, surpasses Diwali gross sales estimates
Inexperienced Soul Ergonomics, an workplace and gaming chair model owned by UpScalio, has hit the 200 cr annualised income run fee mark. For October, Inexperienced Soul reported a large 124% enhance over its September BAU efficiency.
The festive sale interval is an all-important month for each ecommerce retailer and Inexperienced Soul has had a powerful exhibiting with the model claiming to have offered one chair each 90 seconds throughout this era.
(This copy shall be up to date with the newest information all through the day)
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