News

FirstCry will use the money to expand its physical presence and compete with e-tailers such as Amazon India and Flipkart.

WhatsApp, with over 400 million users in India, is now a formal contender to Alibaba-backed Paytm, Google Pay, Amazon Pay, and Walmart-owned PhonePe.

The US-listed company’s stock slumped 7% after the announcement.

Aggressive production plan in doubt as labor and materials shortages loom.

The firm has made it a priority to deliver medical supplies.

WayCool plans to use the fresh funds to automate its supply chain and build the next layer of data analytics required to improve operational efficiency.

Multi-vertical and online retail remain the most heavily funded categories.

Coronavirus tracker apps, free online doctor consultations, and AI-powered queries among those available.