Mansi Jaswal – Page 28

Koo co-founder Mayank Bidawatka starts new venture ‘Billion Hearts Software’

Koo, similar to the X platform, was shut down this year due to unsuccessful talks on mergers with several companies and high maintenance costs. Backed by Tiger Global, Koo was founded in 2020 during the COVID-19 pandemic by Bidawatka and Aprameya Radhakrishna. It was last valued at $274 million. (Image source: Medium)

Mayank Bidawatka said that his upcoming venture has secured funding from several founder friends who have established big consumer tech startups in the country.

Tupperware may file for bankruptcy soon: Report

Tupperware filed for bankruptcy protection in Septembe

The bankruptcy preparation follows protracted negotiations between Tupperware and its lenders over how to manage more than $700 million in debt

Meta bans Russian state media outlets for foreign interference activity

Meta alleged that the Russian media outlets used deceptive tactics to carry out influence operations while evading detection on its social media platforms.

Former Cleartrip CEO to start quick commerce retail venture: Report

Ayyappan R, Former chief executive officer of Flipkart

The venture will reportedly focus on delivering premium products across various categories such as FMCG, health and fitness, and fashion of both local and international categories

IRCTC, Zomato join hands to deliver food to train passengers

From vegetarian to non-vegetarian food options, ‘Zomato – Food Delivery in Train’ will comprise diverse menus of restaurants

Indian firms prioritize GenAI, outpacing global average: SAP study

49% of businesses use AI for forecasting and budgeting

The Indian businesses are putting a high priority on AI to improve training and skills development at 51%, customer experience at 50%, and to optimize supply chains and logistics at 50%

DPDP Act draft rules coming | Zee-Sony failed merger saga ending | TN govt gaming policy

Only 40% of organisations claim to understand the act. Only 9% of these organisations reported a comprehensive understanding. (Photo: Unsplash)

Storyboard18 brings you top five news updates from the world of advertising, marketing and business of brands.

Media and Entertainment industry sees 14% increase in hiring activity YoY in Aug 2024

The FMCG sector achieved an 18 percent growth in fresher hiring in December 2024

In the M&E industry, job roles such as ‘content creation & strategy,’, ‘digital media management’, ‘video production and editing,” PR7 communications,’ and ‘social media management,’ were key roles in demand last month

Amazon India creates over 1.1 lakh seasonal job opportunities ahead of festive season

The AGIF, one of the largest shopping events in India, is set to commence on September 27, with a special 24-hour early access for Prime members.

Amazon India also reduced selling fees by 3-12% for 59 product sub-categories on the marketplace last week

Microsoft lays off 650 Xbox employees; cites cost cutting, integration efforts

In May, Xbox decided to shutter four studios acquired as part of its $7.5 billion purchase of ZeniMax

This would be the third layoff cycle of this year after Microsoft’s Xbox unit cut 1,900 jobs in January, mostly from Activision units and studios.