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FarEye: FarEye launches initiative to mentor logistics startups - Vimarsana News

FarEye: FarEye launches initiative to mentor logistics startups

FarEye launches 'last-mile innovation nexus' for logistics startups with global experts. Kushal Nahata focuses on reducing costs. Event unveils mentoring, fund raising, AI, robotics, data analytics, Last-Mile Trends Report 2024, autonomous drones, urban deliveries, sustainability, and electric vehicles.

Startup Bangladesh to invest Tk 100cr in 46 startups - Vimarsana News

Startup Bangladesh to invest Tk 100cr in 46 startups

Startup Bangladesh Limited, a government-backed venture capital firm, is set to inject Tk 100 crore into 46 selected startups, aiming to strengthen the country's startup ecosystem. Since its establishment in 2020, the company has actively approved investments totaling Tk 73.50 crore across 28 companies, dispersing Tk 64 crore. These investments span critical sectors such as

Flexport plans to cut up to 30% of workforce by end of Oct -sources, ET Auto - Vimarsana News

Flexport plans to cut up to 30% of workforce by end of Oct -sources, ET Auto

The planned layoffs are part of a series of cost-cutting moves by the company, as chief executive Ryan focuses on growth with profitability. Flexport said the move "doesn't impact customer service and our ability to help grow our customers' businesses," without commenting on specific details regarding employee reductions.

Airfreight solutions startup Pelicargo plans public launch in Q3 - Vimarsana News

Airfreight solutions startup Pelicargo plans public launch in Q3

Airfreight and logistics solutions startup Pelicargo intends to launch its services to the public and expand its customer base in the third quarter. Founded at the Massachusetts Institute of Technology in 2021, Cambridge, Mass.-based Pelicargo considers itself an “air cargo shopping partner for small- and mid-sized IATA freight forwarders” to assist in airfreight procurement, Jon

India has third-highest number of start-ups; Sequoia top investor: Hurun report - Vimarsana News

India has third-highest number of start-ups; Sequoia top investor: Hurun report

As per this list, India has the third-highest number of Gazelles (start-ups that started out in 2014 on average when their founders were 34 years old), as per a report by research platform Hurun.