Entrepreneur News Network

91trucks Restructures Business, Reduces Workforce and Shuts Stores Amid Commercial Vehicle Market Slowdown

Cofounders of 91 Trucks: (L-R) Vikas Sharma, Abhishek Gautam and Siddharth Sharma.

As per media reports, commercial vehicle marketplace startup 91trucks has undertaken a significant restructuring exercise, reducing its workforce and scaling back its offline retail operations as it adjusts to changing market conditions in India’s commercial vehicle sector. The company confirmed that it has implemented organizational changes and is sharpening its focus on key growth markets, … Read more

Doorstep smartphone repair startup Instafix raises Rs 7.55 crore in pre-seed round

Instafix

Gurugram-based Instafix has secured ₹7.55 crore in a pre-seed funding round co-led by Titan Capital and 8i Ventures, with additional participation from investors Anish Srivastava and Bharat Kalia. Funding to Expand Services and Technology Infrastructure The fresh capital will be deployed to scale Instafix’s operations in Gurugram, expand its services beyond iPhones to premium Android … Read more