Hul

Identity verification and digital onboarding platform, IDfy, has raised $27 million in a mix of primary and secondary funding from Elev8 Venture Partners along with its limited partners and affiliates. Elev8 is a maiden growth stage fund of South Korea’s KB Investment, which also participated as a part of the round along with Tenacity Ventures.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteMITMIT Technology Leadership and InnovationVisitIIT DelhiIITD Certificate Programme in Data…

Two of the largest quick commerce platforms–Zomato-owned Blinkit and Mumbai-based upstart Zepto--are fast entering ecommerce territory and are set to add several categories like fashion, beauty, electronics, toys, home and kitchen among other segments. Meanwhile, Zepto, the first unicorn of 2023, has hit $1 billion in annualised gross sales as of the latest numbers, people aware of the matter said. These platforms will add thousands of new SKUs in the next two months, taking the number to over 10,000 as they see consumers…

Business process management firm Genpact has partnered with FMCG major Hindustan Unilever Limited (HUL) to launch an accelerator programme to help scale businesses owned by minority and underrepresented groups in India.With an aim to advance diverse and sustainable sourcing, the initiative will enable minority businesses to be absorbed into the supply chains of large consumer goods companies, including HUL.Ansu Archana, procurement director of HUL, said the initiative is aimed at expanding the scope of the company's…

Happy Monday. Global funds and individual investors are all lining up funds for professional sports clubs, a new and emerging trend that we are capturing through two important stories in today's packed and rather sporty edition of ETtech's Morning Dispatch.Also in the letter:■ NPCI relies on banks to push RuPay credit cards■ For VCs, renewed angel tax kills devil in details■ ETtech Deep Dive: System of a down round Scoop: Tiger Global may pick up stake in IPL franchise Rajasthan Royals valuing it at $650 millionHi,…

Historian Peter Stanley’s painstaking effort has shed light on the 1855 Santhal rebellion that was overshadowed by the events of the great mutiny of 1857. Perhaps the only reminders of the rebellion termed Hul, meaning the movement for liberation, are the ‘martello tower’ in Pakur and the statues of the Bhugnadihee brothers across Jharkhand. That some 10,000 Santhals were literally executed by the British has been dismissed as lost history, unworthy of any serious attention. In reality, the Hul was certainly a war with a…