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Cashify strengthens leadership team by promoting key employees
, a re-trade marketplace for smartphones and vintage gadgets, has elevated Siddhant Dhingra to the role of Co-Founder and Chief Business Officer – Global Markets. The startup also promoted Akash Chauhan to the role of chief operating officer (COO) and Shub Darpan to chief revenue officer, it said in a statement.
Nakul Kumar, co-founder and former COO, will take charge of the marketing portfolio as the newly appointed Chief Marketing Officer.
The Gurugram-based company was founded in 2013 by Nakul, Mandeep Manocha and Amit Sethi with a focus on refurbishing old phones. The move will strengthen the leadership team at Cashify for the next phase of growth. The startup will expand its marketplace to include more categories, the statement said.
Nakul Kumar, ° Сo-Founder and COO of Cashify
GreyOrange launches SaaS app for in-store inventory tracking
which offers artificial intelligence (AI)-driven warehouse management software and robots, has launched its first mobile Software-as-a-Service (SaaS) product for retail stores, called gStore.
The app, available for Android and iOS, offers a tablet-based, store and area store operations feature. Other features include a real-time view of inventory, omnichannel tasks and back-shop activities.
The app stores and manages store receipts, in addition to providing technological personalization for in-store shoppers, the company said in a statement.
The gStore backend integrates and acts on real-time data from Internet of Things (IoT) devices, including RFID readers, digital tags, overhead cameras and smart mirrors. The subscription SaaS platform also integrates data from existing retail systems to improve day-to-day operations and in-store inventory decisions.
More than 65 Computer Students Prefer Classroom Learning: Shiksha MBA Outlook Report
Over 65 percent of MBA students have preferred classroom learning to online lectures, and over 60 percent of business schools are likely to start offline classes by February 2022, according to the latest MBA Outlook Report published by the InfoEdge-backed choice platform of Shiksha Colleges.
It adds that MBA applicants tend to look beyond B-schools in big cities due to a shift in priorities brought about by the COVID-19 pandemic. Many are also willing to pursue an MBA in their home state or city rather than relocating.
While the Finance MBA continues to be the top choice for applicants, the Human Resources MBA has overtaken Marketing as the second most popular course compared to the previous year.
Among MBA aspirants, CMAT is the second most popular MBA entrance exam after CAT. Entrance exams including CAT, MAT, SNAP, NMAT and IBSAT have seen a drop in popularity among candidates ranging between 15 to 50 percent, the report added.
Open world platform Bullieverse raises $4 million in funding
Open world meta universe platform Bullieverse has raised $4 million from multiple investors including OkxBlockdream Ventures, Fundamental Games, 6th Man Ventures, C2 Ventures, Gate Labs, GravityX, Roark Fund, LD Capital, Rainmaker Games, Good Games Guild, Gen Block, Shima Capital , DWeb3 and ExNetwork.
The company will use the capital to expand its ecosystem and grow its customer base. It will also create intuitive functions, create utilities and NFTs.
Bullieverse’s open metauniverse allows gamers, digital creators, and investors to seamlessly interact with each other. Users can make decisions about the future virtual ecosphere, earn rewards and share their gaming experience in an immersive environment.
Fundfina raises $1.3 million in seed round
, a digital lending platform for medium and small businesses, has raised $1.3 million in a seed round from LetsVenture AIF Syndicate, led by Pratekk Agarwaal, former CBO at BharatPe. Other investors including Telama Investment, NAFA Capital, Hem Angels and all returning investors also participated in the round.
In January 2020, the startup raised $0.3 million from a group of angels and impact investors.
Founded in 2019 by Rahul Tripathy, Nishant Bhaskar, Bikram Bajaj and Abhijit Naik, Fundfina offers marketplace services to bank and NBFC partners to extend financing to MSMEs. The company offers its API to businesses to create a lending platform for customers and works with financial advisors, offering them referral commissions and matching their customers with suitable financial needs.
The startup will use the funds to expand its market and launch new products, including business-to-business payment, SME credit cards, small business insurance and micro-savings, it said in a statement.
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