FutureTech

Pickr is an AI enabled and cloud based platform. Pickrr will use the investment to continue its market expansion and product development Pickrr Technologies, a logistics tech startup, announced on Tuesday that it has raised $4 million (about Rs 29.4 crore) in funding from Guild Capital and Omidyar Network India. Pickrr’s first institutional fundraising comes after the company was bootstrapped by its founders with the help of angel investors, according to a statement. Pickrr plans to utilise the funds to expand its market and develop new products, according to the company. Dexter…

The ‘innovation week’ event will assist startups in gaining market access and securing capital investment. The Centre will host a first-of-its-kind innovation week to promote India’s startup ecosystem in january 2022. The Department for Promotion of Industry and Internal Trade (DPIIT) is hosting the event as part of the ‘Azadi ka Amrit Mahotsav,’ which honors India’s innovation ecosystem. It will also be the 6th anniversary of the start of the ‘Startup India’ project. The goal of the innovation week is to bring together India’s top startups, entrepreneurs, investors, policymakers, and…

The rebranding indicates its focus on quick commerce space.  The rebranding comes months after the Albinder Dhindsa-led company launched an initiative to deliver groceries in 10 minutes Grofers, an online grocery startup, has changed its name to Blinkit to emphasize its focus on India’s fast-growing quick commerce market. “We learnt a lot as Grofers, and all our learnings, our team, and our infrastructure is being repurposed to pivot to something with staggering product-market fit — quick commerce, the company said in a blogpost Monday. “Today, we are surging ahead as…

This deal will help Delhivery strengthen its capabilities in a wide range of applications Delhivery claims to have successfully fulfilled over one billion shipments since inception  IPO-bound Delhivery has acquired Transition Robotics Inc, a California-based company focused on developing unmanned aerial system platforms. This agreement will assist Delhivery in strengthening its capabilities in a variety of applications such as aerial photography, remote sensing, inspection, and surveys. Transition Robotics, founded in 2011 in Santa Cruz, has focused on bringing vertical-takeoff unmanned aerial systems with advanced flight capabilities to market. It has…