Insight

Brij Bhushan, one of the founders of Magicpin, a startup that focuses on e-commerce at a local level, has recently become a venture partner at Prime Venture Partners.

Bartronics India Limited intends to make a strategic investment in Jarvis, an investment advice firm that utilizes AI and Machine Learning technology and operates under the brand name 'Ventugrow'.

Fabrication Bazar's founder, Ben & Gaws Private Limited, raised $3 million in pre-Series A funding from Physis Capital. Japanese venture capital firm ICMG and current investor Inflection Point Ventures participated.

Debjani Ghosh has resigned from her position as President of the National Association of Software and Service Companies (Nasscom), and Rajesh Nambiar is expected to take over as her successor.

Acadru, a SaaS startup based in Gurugram, has secured $500,000 in funding from AIG Direct LLC and other investors.

Online lending platform Axio (previously Capital Float) collected Rs 167 crore ($20 million) from current investors via the right issue.

Bluelearn, a social learning platform, has announced the cessation of its activities due to difficulties in achieving rapid growth. The recently established company would distribute 70% of the funds it acquired to its shareholders.

Upwork, Fiverr, TopTal, Twine, Freelancer.com, Behance, Simply Hired, LinkedIn, 99Designs, and PeoplePerHour are the Top 12 Freelance Websites for Finding Work in 2024.

Efficient Capital Labs, a B2B SaaS company specializing in revenue-based financing, has successfully raised $11 million in Series A fundraising.

Tech Mahindra, a leading global provider of technology consulting and digital solutions to enterprises across industries, and Google Cloud.