GTM
Wipro CEO banks on internal talent, promotes veterans
Focusing on inside talent comes at a time when it has been dealing with exodus of senior leaders. This also comes after a period when Delaporte hired a lot of foreign citizens and expats at high salaries.
Marico eyes foods portfolio to be 2x of current scale in FY27
Marico Limited plans to double its foods portfolio in FY27 and expect its domestic revenue share from food and personal care to increase from 20% to 25%. The company's foods division recorded a 24% value growth YoY, closing the year at four times its scale in FY20. The company is also aiming for consistent improvements in profitability as its Foods and Digital-First sections grow.
Logistics SaaS startup ClickPost raises $6 million in funding led by Inflexor, Athera VP
ClickPost secured $6 million funding led by Inflexor Ventures and Athera Venture Partners. The platform serves clients like Nykaa, Puma, Pepe Jeans, Acer, and Supertails. ClickPost tracks 1 million shipments daily.
SaaS startup Clientell raises $2.5 million led by Blume Ventures
Clientall, which had previously raised $600,000 (about Rs 5 crore) from Chiratae Ventures and Artha Venture fund, said the new funds will be used for strengthening the product and expanding the team
Udaan lays off over 100 employees shortly after $340 million fundraise
Most of the job cuts happened in the go-to-market (GTM) team, which handles relationships with sellers, among other responsibilities, people in the know said. The layoffs, the sources explained, were due to redundancies following a rejig of the business in September.
Indian extended reality (XR) startups on growth trajectory: report
The term extended reality (XR) covers virtual reality (VR), augmented reality (AR), mixed reality (MR), and other technologies. It merges the real and virtual worlds, providing users an immersive experience. The report, titled ‘Accelerating India's Potential to Address the Global XR Opportunity’ which is supported by Meta, said Indian XR startups are evolving to develop global solutions, with 76% of those surveyed serving both domestic and international clients.
Marico food business to scale up to Rs 850 crore in FY24
Home-grown FMCG firm Marico expects its food business to scale up to Rs 850 crore in FY24 in the domestic market, according to the company's latest annual report. Saffola, the master brand under which Marico offers healthier foods, has expanded the total addressable market to over Rs 10,000 crore, through a portfolio of healthy value-added offerings, it said.
Airtel working with Whatsapp to offer solutions for enterprises
Airtel works on a revenue share basis with these SME partners. WhatsApp currently charges enterprises 48 paise per message on its platform, though this may soon change since the internet messaging service provider is said to be revising the tariffs for business-led messaging from June 1. Instead of a flat rate, it is expected to introduce a tiered tariff where the purpose and category of messaging will decide the rate.
SaaS firm Freshworks undertakes fresh round of layoffs
Concerns over margin and recessionary pressures and increasing interest rates in the US have led to a rout in technology stocks.
Exotel appoints Airtel's Angira Agrawal as global SVP - GTM and strategy
In his previous stint, he was leading Airtel's growth in the west and BFSI nationally. He has worked at Skylo, Vodafone, NEC, Tata Communications, Persistent, Oracle, Unimobile (a bulk SMS startup).
SaaS startup GTM Buddy gets $2 million seed funding from Stellaris
GTM Buddy, a tech-enabled sales enablement platform, will use the funding from Stellaris Venture Partners to rapidly enhance product capabilities as well as for building the go-to-market teams.
Godrej Consumer on market expansion drive
As part of its new GTM strategy, GCPL is leveraging emerging channels and using technology as a key differentiator to “stay ahead of the curve as changes disrupt the GTM ecosystem”, said Kataria. The shifts in consumer behaviour since the pandemic have accelerated the move by GCPL to transform its GTM and make it future-ready.
Godrej Consumer on market expansion drive
“Today, the consumer is experimenting with buying across channels and we want to be sure we have an omni-channel strategy. We are reinventing the way we operate in our existing channels in both urban and rural. While we are expanding coverage and going deeper in penetration in rural, we want to improve the quality of expansion in outlets in urban,” said Kataria.
Mantra Capital launches fund for tech startups
Mantra Capital will provide offshore venture services and managed services to global startups. Also, venture services will scout and curate U.S and Indian startups for corporate innovation scaling programs that will be launched in the second quarter of 2020.
HCL Technologies signs collaboration agreement with JDA Software
The alliance will increase services capabilities for these solutions, enable new and enhanced product innovations, and allow expansions into new markets also leveraging other portfolio products.
OMA Emirates to pump in $23m to grow Indian fintech sector
OMA Emirates will invest a corpus of USD 3 million towards FinTech startups that have been in operation for 12 months or less.
Motorola Mobility appoints Amit Boni as general manager of India
Motorola Mobility has named Amit Boni as GM of India as it tries to regain a foothold in a market where it was a large player till some years back.
GTM Builders to invest Rs 250 cr on two realty projects
The housing project has been launched at Rs 1,499 per sq ft. In Dehradun, the company would build a shopping mall covering 3,50,000 sq ft and a budget hotel having 104 keys.
Load More
