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The report stated that 75% of startups are gradually recovering post lockdown.

The company has also added 6,000 more MENSA partners for last-mile deliveries. It now has 18,000 such partners who are expected fulfil 70% of the deliveries during the ‘Big Fashion Festival’.

Magicpin plans to strengthen its presence in top 50 cities where it is present in next 12 months and thereafter expand to next top 50 cities.

SoftBank is now looking at ways to deploy the cash it’s raised, and has recently launched an asset management unit that’s putting money into public securities.

Pepper Content says it has more than 30,000 content writers, graphic designers, language specialists and editors on its platform.

The surge in shoppers going directly to brand websites indicates that consumers are not content with shopping online from a single source, experts said, and is pushing more brands to build their own D2C channels.

The company-issued statement also said that its business had recovered to 65% of its topline in September, after touching a low of 10% in April 2020 as compared to February 2020, hurt by.

Deployment of video KYC will allow end-users to complete and submit their KYC application from the safety and security of their homes. This would be 99% faster than the traditional paper-based KYC process.

The foodtech company also wants to change how food is perceived today by making people aware of the manufacturing process and providing them super nutritious and tasty food products.

The company said it has hired delivery and warehouse staff from industries that have been deeply impacted by the crisis in the last few months.

SoftBank’s experiments beyond its traditional expertise have spooked some investors, including earlier this year when the company traded billions in stock options.

Startups, with high exposure to Chinese capital, are looking at ways to reduce it as exposure becomes a deal-breaker for many new and existing investors.