Category: Technology
dozee funding: Patient monitoring startup Dozee raises $6 million in funding from Prime Ventures, others
[ad_1] Dozee, a healthtech startup that offers contactless remote patient monitoring (RPM) solutions, has raised $6 million from a clutch of new and existing investors. The company said it plans to use the Series A2 funds to expand in the Indian market and deepen its research and development capabilities. Prime Venture Partners, 3one4 Capital and ...
PhonePe’s ecommerce app Pincode goes live; funding in Indian startups may temporarily pause: RBI
[ad_1] Fintech major PhonePe has thrown its hat in the Open Network for Digital Commerce (ONDC) ring by announcing the launch of its ecommerce app Pincode, built on top of the government-backed platform. This and more in today’s ETtech Top 5. Also in this letter:■ Global funding of Indian startups may pause: RBI to Parliamentary ...
Phonepe Consumer App: PhonePe launches ecommerce consumer app Pincode on ONDC platform
[ad_1] Walmart-owned fintech major PhonePe, which formally separated from its parent entity Flipkart earlier this year, on Tuesday announced the launch of its ecommerce consumer app Pincode, built on the government’s Open Network for Digital Commerce (ONDC) platform. The fintech player’s online commerce ambitions aren’t new. ET had reported in August last year about its ...
walmart: Walmart to cut over 2,000 jobs in e-commerce warehouses
[ad_1] Walmart Inc will cut more than 2,000 jobs at five U.S. e-commerce warehouses, Bloomberg reported on Monday. The layoffs include more than 1,000 roles at a warehouse in Fort Worth, Texas, along with 600 jobs at a Pennsylvania fulfillment center, 400 in Florida and 200 in New Jersey, the report said citing regulatory filings, ...
startup hiring: Slump hurts, startups go slow on hiring for mid, senior roles
[ad_1] The worsening macroeconomic conditions globally and efforts to bring down costs have led to a slump in hiring across mid-to-senior roles in Indian startups, several industry experts and hiring firms told ET. Hiring for senior leadership roles has dipped 60%-80% year on year across new-age tech firms and their hiring outlook has turned ‘dreary’ ...
Ajay Goel: Vedanta’s Ajay Goel joins Byju’s as CFO
[ad_1] Former group deputy CFO of Vedanta Resources Ajay Goel has joined edtech major Byju’s as its chief financial officer, sources aware of the matter said. Goel, who has worked in senior positions in firms like Diageo and GE, is joining Byju’s at a time when the company is in the middle of renegotiating conditions ...
Australia TikTok Ban: Australia to ban TikTok on government devices
[ad_1] Australia will announce a ban on TikTok on government phones this week, following other countries in barring the Chinese-owned video app over security concerns, Australian newspapers reported late on Monday. Prime Minister Anthony Albanese agreed to a government-wide ban on the use of TikTok after the completion of a review by the Home Affairs ...
tcs bane nor deal: TCS wins Bane NOR security deal
[ad_1] Tata Consultancy Services said on Monday it has been selected by Bane NOR – a Norwegian government agency responsible for maintaining, operating, and developing the Norwegian railway network – to enable secure access to the latter’s digital systems. However, the financials of the deal were not disclosed. As its strategic partner, TCS’ teams based ...
citiustech: Healthtech firm CitiusTech appoints Rajan Kohli as CEO
[ad_1] Healthtech firm CitiusTech has appointed Rajan Kohli as its new Chief Executive Officer. He replaces Bhaskar Sambasivan, who will continue as an advisor to the Princeton-headquartered firm. Prior to this, Kohli spent nearly three decades at Wipro, most recently as President of the iDEAS (Integrated Digital, Engineering and Application Services) business. His appointment comes ...
Behind Meesho’s reset; SVB hit Indian startups moved funds to Gift City, other countries
[ad_1] Until early in 2022, ecommerce startup Meesho was burning around $40 million a month in cash as it took on bigger rivals Amazon India and Walmart-owned Flipkart. As the etailer cuts its spends, growth has slowed down. Today we take a closer look at the company’s numbers and analyse its strategy. This and more ...