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Zepto's $300 million funding; Meta taps Reliance for data centre - Vimarsana News

Zepto's $300 million funding; Meta taps Reliance for data centre

The Mumbai-based Zepto is eyeing a valuation of around $2.5-3 billion, as against the $1.4 billion it was assigned on turning unicorn last year, sources said. This is a huge bump up amid a largely sluggish funding market even for Zepto which has been growing fast.

Namma Yatri: Juspay spins off mobility platform Namma Yatri into new entity - Vimarsana News

Namma Yatri: Juspay spins off mobility platform Namma Yatri into new entity

Moving Tech Innovations Ltd, a Juspay spin-off, focuses on cost-effective solutions in the ride-hailing industry. Led by Shan M S and Magizhan Selvan, the new entity seeks funding, aims for profitability, and competes with major players like Uber and Ola.