BENGALURU, Aug 6 (ENN) – Reliance Retail Ventures Ltd (RRVL), India’s largest retailer, said on Wednesday it has acquired Furrl, a Bengaluru-based fashion discovery startup, in an all-cash deal for an undisclosed sum, as it looks to expand its artificial intelligence capabilities in fashion e-commerce. Furrl’s entire team, its proprietary AI styling platform and its … Read more
Singapore/Bengaluru: AI and data company ADA has completed the acquisition of Algonomy, a Bengaluru-headquartered AI retail decisioning platform, in a strategic move aimed at expanding its global footprint and strengthening its enterprise AI capabilities. While the companies did not disclose the financial terms of the transaction, the acquisition significantly enhances ADA’s portfolio by integrating advanced … Read more
Mumbai-based music technology startup Tringbox has secured ₹5 crore in seed funding to accelerate the growth of its AI-powered in-store music intelligence platform designed for commercial venues. The funding round was led by Nikhil Gandhi through GIPL, with participation from MGB Family Office, Paytm Chief Business Officer Narendra Singh Yadav, and several angel investors through … Read more
Tata Group-owned quick commerce and online grocery platform BigBasket has announced the appointment of former Amazon executive Amit Nanda as its new Chief Executive Officer (CEO), marking a significant leadership transition as the company intensifies its focus on growth, innovation, and competition in India’s fast-evolving quick commerce sector. Nanda succeeds Hari Menon, one of BigBasket’s … Read more
