A look at this week's startup deals: Dunzo, Odysse, Bud-e, CRED, Unstop, BankBazaar.Com, Meesho were in news
This week startups like Dunzo seller joined ONDC, CRED launched RuPay credit card-based payments, and community engagement & hiring platform for students and graduates Unstop raised $5 million funding.
Startup space remained action-packed this week with a slew of firms raising funds while a few others starting potential acquisitions and merger talks. Meanwhile, Dunzo seller app joined ONDC, Odysse joined hands with electric two-wheeler MaaS provider Bud-e for supplying 10,000 units of its e- scooter, CRED has launched RuPay credit card-based Unified Payments Interface (UPI) payments for its members, and Commerce and Industry Minister Piyush Goyal announced that government will always act as a facilitator to strengthen the startup ecosystem and not act as a regulator.
ZeeBiz.com has curated a list of top deals this week featuring Dunzo, Odysse, Bud-e, CRED, Unstop, BankBazaar.Com, and Meesho among others.
Government will be facilitator for startups, not regulator: Piyush Goyal
The government will always act as a facilitator to strengthen the startup ecosystem and not act as a regulator, Commerce and Industry Minister Piyush Goyal said on Tuesday.
Dunzo seller app joins ONDC; aims to onboard 20,000 merchants in 45 days
Quick commerce and logistics app Dunzo's seller arm has joined the Open Network for Digital Commerce (ONDC) and is looking to onboard over 20,000 merchants across verticals in the next 45 days, the company said on Thursday. The seller app, which joined the ONDC less than two weeks ago, is already witnessing high volumes, according to a senior executive.
Odysse to supply 10,000 e-scooters to 2-wheeler MaaS player Bud-e
Premium electric vehicle maker Odysse on Thursday announced a strategic collaboration with electric two-wheeler MaaS provider Bud-e for supplying 10,000 units of its e- scooter to the latter.
UPI: CRED launches RuPay credit card-based payments; a step-by-step guide to use it
Online payment platform CRED in collaboration with the National Payments Corporation of India (NPCI) has launched RuPay credit card-based Unified Payments Interface (UPI) payments for its members. This step is aimed at augmenting consumption and inclusivity in the credit sector, offering benefits to banks and merchants alike.
Unstop raises $5 million from Japanese firm Mynavi and others
Community engagement and hiring platform for students and graduates Unstop has raised $5 million funding, the company announced on Wednesday (August 2). The round was led by Mynavi, Japan’s leading job board and HRTech firm.
BankBazaar.Com hopes to breakeven this fiscal; to file DRHP for IPO next year
Fintech firm BankBazaar.Com expects its bottomline to turn positive this financial year helped by newer products including co-branded credit cards on UPI. Post breakeven, the company would start the preparation for listing and hopes to file the Draft Red Herring Prospectus for initial public offering (IPO) in the next financial year, BankBazaar.Com founder and CEO Adhil Shetty told PTI.
Meesho delists 52 lakh counterfeit, restricted products in six months
SoftBank-backed e-commerce firm Meesho has delisted nearly 42 lakh counterfeit and infringing product listings and 10 lakh restricted products in the past six months, the company said on Wednesday.
Pristyn Care commences operation in Bangladesh; lines up Rs 100 crore to fund expansion
Healthcare delivery startup Pristyn Care on Thursday said it has commenced operations in Bangladesh and will invest Rs 100 crore over the next two years to expand operations in the neighbouring country.
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