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
New Delhi, India: FMCG major Dabur India Limited has announced a multi-year strategic collaboration with Accenture to accelerate enterprise-wide artificial intelligence (AI) adoption, strengthen data-driven decision-making, and build a future-ready digital business. The partnership marks the next phase of Dabur’s digital transformation journey, with a focus on integrating AI across core business functions to improve … Read more
Pune, India: Global sportswear giant PUMA Group is strengthening its technology footprint in India with the launch of a new Global Capability Centre (GCC) TechHub in Pune, reinforcing the country’s growing role as a strategic hub for digital engineering, artificial intelligence (AI), and product innovation. The new centre will support PUMA’s global retail and e-commerce … 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
Singapore: Enterprise artificial intelligence (AI) company Whale has secured $40 million in a Series C extension, taking its total Series C funding to $100 million. The fresh capital will support the company’s international expansion across North America, Europe, and the Middle East, while strengthening its AI-powered enterprise operations platform. The latest funding round underscores growing … Read more
New Delhi: Consumer rewards startup Onpoint has raised US$600,000 in a pre-seed funding round to strengthen its technology platform, expand merchant partnerships, and accelerate user acquisition across India. The funding round was co-led by First Cheque, an investment initiative backed by the IndiaQuotient group, and Whiteboard Capital. The round also attracted participation from several angel … Read more
Bengaluru: AI-powered shopping assistant startup Zave has secured ₹4.7 crore in a bridge funding round led by Inflection Point Ventures (IPV), with participation from Mucker Capital. The fresh capital will help the startup enhance its artificial intelligence capabilities, strengthen platform infrastructure, and accelerate product development as it prepares for its next phase of growth. The … Read more
New Delhi: Amazon has announced plans to invest $48 billion in India between 2026 and 2030, reinforcing its long-term commitment to one of the world’s fastest-growing digital economies. The investment follows a meeting between Amazon President and CEO Andy Jassy and Prime Minister Narendra Modi, highlighting the company’s expanding focus on artificial intelligence (AI), cloud … 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
Quick commerce startup BazaarNow has secured ₹72 crore (approximately US$7.8 million) in a fresh funding round led by Peak XV Partners, as the company looks to expand its presence across India’s fast-growing Tier II and Tier III markets. The round also saw participation from Whiteboard Capital, Antler, and a group of prominent angel investors, including … Read more
