Tag Archives: Startup

Quick-commerce startup Zepto is now a quick-commerce unicorn, the first one in India this year. 

It has raised $200 million at a valuation of $1.4 billion, the first to turn a unicorn after an 11-month unicorn drought.

The funding round was led by the StepStone Group, a US asset management firm and included Goodwater Capital and some existing investors.

This round is significant for making Zepto the first unicorn, or startup valued at over $1 billion, to be minted in India this year.

Ending unicorn drought

Zepto is the first unicorn, or startup valued at over $1 billion, to be minted in India this year since last September.

The last startup in India to turn unicorn was Molbio Diagnostics in September 2022.

Before that, at the peak of the funding boom in 2021, the country added a…

About us

 
We’re ​​AnswerConnect; the premier people-powered virtual receptionist service. We help ensure you never miss a call and that your callers always receive a friendly response.
 

What we do

 
We help businesses take back their time. From basic call handling and message-taking to more advanced functions like order processing and outbound dialing, we help businesses get time off the phone and ensure their customers get the premium customer support they deserve.
 

How it works

 
Our friendly virtual receptionists answer calls and live chat messages. Essentially, they act as an extension of your business. Our plans come with a host of other features, from answering out-of-hours calls to covering overflow from busy offices to full, round-the-clock coverage, 365 days…

Elon Musk never seems to stop making a splash in the technology world. Now, his latest move has been announced – the formation of a new artificial intelligence (AI) startup. 

The Tesla boss has declared that the new company is called xAI, and it comes with a curious label attached: according to Mr Musk, the goal of this start-up is to “understand the true nature of the universe.” 

This leaves the specific objectives and what kind of AI the company wants to focus on up to the imagination. After all, what exactly could the operations of a start-up created to “understand reality” be? 

Elon Musk vs Artificial Intelligence 

 
Although Mr Musk announcing a new endeavour in the tech sector is unsurprising, this particular one comes as a bit of a revelation. This year,…

Founder and CEO of e-commerce firm Dukaan, Suumit Shah has been facing the ire of people on social media after he shared that his company has replaced 90% of its customer care staff with an artificial intelligence (AI) chatbot.

Dukaan is a DIY platform that allows merchants with zero programming experience to set up their own e-commerce store.

Criticism

Social media users criticized him for his harsh decision and his lack of empathy.

A Twitter user slammed the manner in which he announced the news of the layoffs: 

“He is talking about laying off people with the same glee that a kid has after getting a double scoop of ice cream.”

Another pointed out the implications of AI replacing human employees:

“What about AI’s replacing businesses itself? We will soon live in the era of…

• Whitebox Cocktails is one of the fastest growing independent cocktail brands in the UK and one of the first bartender-owned producers of ready-to-serve cocktails, including the award-winning Pocket Negroni and Freezer Martini.
• Whitebox is on a mission to become the global leader of classic ready-to-serve cocktails, enabling customers to enjoy world-class cocktails anytime, anywhere.
• In 2022, Whitebox Cocktails grew UK distribution from 60 to over 700 independent outlets, and launched in the US, achieving 400% sales growth in the first 6 months of trading. The brand will launch a crowdfunding campaign on Seedrs on  on Tuesday 13th June. Find out more at seedrs.com/whitebox-cocktails/coming-soon.

Website: https://whiteboxcocktails.com

What is Whitebox?

Whitebox produces…