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retail technology

Zave Raises ₹4.7 Crore to Scale AI Shopping Assistant, Strengthen Product and Platform Capabilities

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Zave

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

Amazon to Invest $48 Billion in India by 2030, Expands AI Infrastructure and Quick Commerce Ambitions

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AMAZON with PM Modi

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

BigBasket Appoints Former Amazon Executive Amit Nanda as CEO

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Former Amazon executive is new Bigbasket CEO

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

BazaarNow Raises ₹72 Crore Led by Peak XV to Expand Quick Commerce in India’s Tier II and Tier III Cities

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BazaarNow

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