Innovation

Kissflow, a software-as-a-service company, announced on Tuesday that it is aiming for the $50 billion integrated work platform market with the launch of its unified low-code/no-code platform, which it claims would help organisations accelerate digital transformation. According to the company, the platform would unify the whole spectrum of task management for users ranging from end-users to teams, team managers, process specialists, citizen developers, and IT developers. “This is a long game for us,” Suresh Sambandam, CEO, Kissflow said. “So we are really looking at anywhere between three to five years,…

Gurgaon-based Udayy, an edtech startup focused on students from kindergarten to eighth grade, has decided to shut down its operations as it was unable to maintain sustainable growth in the hyper-competitive edtech market. Following this decision, the edtech startup has laid off its entire workforce. Saumya Yadav, one of the co-founders of Udayy, explains that the platform did not see a viable path toward business profitability with the lifting of COVID-19 norms. The increased number of children returning to school led to requests for refunds and difficulty in acquiring new customers…

Arya.ag, a grain commerce platform located in Noida, has acquired agriculture data science firm Prakshep for an unknown sum. Arya strengthens its position as India’s largest integrated grain commerce platform and expands its technological capabilities to provide end-to-end solutions to its users with this acquisition. Arya.ag secured $60 million in Series C financing from Asia Impact SA and returning investors Lightrock India and Quona Capital in January of this year. The purchase, according to the business, would assist to boost Arya’s aim of providing cutting-edge AI/ML capabilities to farm digitalization,…