Connect with us

Latest News

Oculus Announces First Rift Retail Bundle

Published

on

Oculus Announces First Rift Retail Bundle,Startup Stories,Oculus Announces Rift + 'Marvel Powers United VR' Bundle,Oculus announces Rift bundle with Marvel Powers United VR,Oculus will start selling a Rift bundle with Marvel Powers United VR,Oculus for Business Now Available in Even More Countries

For those who have been wanting to make the jump between the real world and the virtual world, Oculus VR comes with a brand new deal! Oculus is planning on launching a brand new flagship game, Marvel Powers United VR! The new game features a number of Marvel superheroes as playable characters.

The new retail package by Oculus was announced in San Diego at the Comic Con and already caught a lot attention from the right kind of people. The main aim of this game is to take take down the bad guys while playing the characters of the good guys!

The Oculus Rift Marvel Powers United VR bundle will launch on 31 July, priced at the usual $ 400, but with a copy of the game included in the deal for free. Oculus said while announcing the game that apart from the sleeve, everything inside the box is effectively identical to the Rift + Touch retail package, save for the game code. As like before, the retail package also includes Lucky’s TaleMediumQuillDead and Buried, and Robo Recall for free!

The new game’s 18 players include Spider Man, Doctor Strange, Star Lord, Storm, Captain America, Black Widow, Wolverine, Iceman, Hawkeye, Gamora, Thor, Rocket Raccoon, Black Bolt, Captain Marvel, The Hulk, Deadpool, Crystal and Black Panther. Users will be able to battle at 10 locations: Sakaar Arena, Knowhere Marketplace, Asgard, Jotunheim, The Palace of Attilan, Downtown New York, the Dark Dimension, the X-Mansion Hangar, Halfworld, and Wakanda.

While this experience only seems basic in its essence, what makes the whole thing all the more exciting is the enabled headset and touch enabled controllers. As a Marvel fan, the only thing which could make this exciting for me is if we had a customised costume ready and waiting! Marvel, are you listening? We want a little more!

 

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

Zepto Delays IPO to Focus on Profitability and Indian Ownership

Published

on

Zepto - StartupStories

Overview

Zepto, a leading quick commerce startup, has postponed its planned IPO to early 2026, shifting its focus to achieving profitability and increasing Indian shareholding before going public.

Key Reasons for Delay

  • Profitability Focus: Zepto aims to reach EBITDA break-even before listing, unlike many tech firms that went public while still loss-making.
  • Market Uncertainty: Ongoing global and domestic market volatility influenced the decision to wait for more stable conditions.
  • Peer Comparison: The company wants to present a stronger profit profile, learning from the performance of rivals like Swiggy and Zomato (now Eternal).

Boosting Domestic Shareholding

  • Target: Zepto plans to raise Indian ownership to at least 51% to comply with FDI norms and reinforce its Indian identity.
  • Actions: The company is conducting secondary share sales to Indian investors and founders are increasing their stakes by buying from foreign investors.
  • Progress: Domestic ownership has reached about 40-44%, with expectations to surpass 51% before the IPO.

Financial and Operational Updates

  • Efficiency Drive: Zepto is optimizing operations, running over 900 dark stores and offering 48,000 SKUs, to reduce cash burn and move toward profitability.
  • Challenges: The company faces stiff competition from Swiggy Instamart and Blinkit, leading to higher costs, and has dealt with operational pauses and regulatory scrutiny in some regions.

Outlook

Zepto remains positive about its future, aiming to raise around $800 million in its IPO and attract both domestic and international investors. CEO Aadit Palicha emphasizes building a sustainable, majority Indian-owned business before entering the public market.

Summary: Zepto’s IPO delay reflects a strategic focus on financial stability and regulatory compliance, with profitability and Indian ownership at the forefront.

Continue Reading

Latest News

Polygon Enters New Era: Leadership Shift and Major Upgrades Under Sandeep Nailwal

Published

on

Polygon StartupStories

Sandeep Nailwal, co-founder of Polygon, has been appointed as the first CEO of the Polygon Foundation, marking a shift from decentralized governance to focused leadership. This change aims to provide clear direction and accelerate Polygon’s growth in the competitive blockchain space.

Under Nailwal’s leadership, Polygon will discontinue its zkEVM network in 2026 to concentrate on the Polygon PoS chain and AggLayer, a new cross-chain liquidity protocol. Significant upgrades to the Polygon PoS chain are planned, starting with the Bhilai upgrade in July 2025, to enhance transaction capacity and support large-scale financial applications.

Polygon enters this new phase with a strong financial position, enabling long-term development without fundraising pressures. While Nailwal leads the Foundation, Marc Boiron continues as CEO of Polygon Labs. This leadership restructuring aims to drive innovation and reinforce Polygon’s position in Ethereum scaling and the Web3 ecosystem.

 

Continue Reading

Latest News

Wow! Momo Raises ₹85 Crore from Stride Ventures to Accelerate Nationwide Expansion

Published

on

WoW Momo StartupStories

Wow! Momo, the Kolkata-based quick-service restaurant (QSR) chain, has secured ₹85 crore (approximately $9.9 million) in debt funding from Stride Ventures, aiming to accelerate its omnichannel expansion and strengthen its presence across India. The company, which operates over 700 outlets in more than 70 cities, plans to utilize the funds to open additional dine-in restaurants, expand its packaged food (FMCG) vertical, and enhance its delivery and supply chain operations. This strategic move will also help refinance existing loans and fuel Wow! Momo’s push into new markets and product categories.

Founded in 2008, Wow! Momo has rapidly diversified its offerings, launching brands such as Wow! China, Wow! Chicken, and Wow! Kulfi, and recently entering the frozen foods segment with quick commerce and retail distribution. The company is targeting a footprint of over 1,500 stores across more than 100 cities within the next three years and aims to grow its FMCG business to ₹100 crore while ramping up its HORECA (Hotel, Restaurant, and Catering) segment. The leadership team views this debt infusion as pivotal for scaling new formats, driving innovation, and building brands that resonate with Indian consumers.

Stride Ventures, known for backing high-growth startups, emphasized Wow! Momo’s strong brand recall, robust business model, and relentless innovation as key reasons for their investment. With this funding, Wow! Momo is well-positioned to further solidify its status as a category-defining player in India’s QSR and FMCG sectors, while preparing for larger equity rounds and a potential IPO in the coming years.

 

Continue Reading
Advertisement

Recent Posts

Advertisement