Connect with us

News

GlobalBees CEO Nitin Agarwal Steps Down; Anuj Jain Appointed as Successor

Published

on

GlobalBee

Nitin Agarwal, cofounder and CEO of GlobalBees-the e-commerce roll-up subsidiary of FirstCry-has resigned, effective April 24, 2025, citing personal reasons. Agarwal, who helped GlobalBees achieve unicorn status within months of its 2021 founding, will support the company’s transition until May 23, 2025.

Anuj Jain, a FirstCry veteran with over 23 years of experience and a background at ITC and L’Oréal, will take over as CEO from April 25, 2025. Jain previously led FirstCry’s pre-school segment and served as Senior Vice President of Marketing at Brainbees Solutions.

Agarwal’s departure follows several recent leadership changes within the FirstCry group. GlobalBees, which invests in D2C brands across various sectors, contributed ₹1,209 crore to FirstCry’s FY24 revenue, highlighting its strategic significance. With Jain’s appointment, the company aims to continue its strong growth in the D2C space.

Continue Reading
Advertisement
9 Comments

9 Comments

  1. Jerry Arne

    May 3, 2025 at 1:04 am

    Utterly composed subject matter, regards for information .

  2. CpjJwWHV

    May 5, 2025 at 12:43 pm

    555

  3. fqzetVQC

    May 5, 2025 at 12:44 pm

    555

  4. -1 OR 2+736-736-1=0+0+0+1

    May 5, 2025 at 12:45 pm

    555

  5. -1 OR 3+736-736-1=0+0+0+1

    May 5, 2025 at 12:45 pm

    555

  6. CpjJwWHV

    May 5, 2025 at 12:46 pm

    0DmRoW4o

  7. CpjJwWHV

    May 5, 2025 at 12:46 pm

    -1 OR 2+716-716-1=0+0+0+1

  8. CpjJwWHV

    May 5, 2025 at 12:47 pm

    1%2527%2522

Leave a Reply

Your email address will not be published.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

Artificial Intelligence

Adopt AI Secures $6 Million to Power No-Code AI Agents for Business Automation

Published

on

Adopt AI

Adopt AI, a San Jose and Bengaluru-based agentic AI startup, has raised $6 million in seed funding led by Elevation Capital, with participation from Foster Ventures, Powerhouse Ventures, Darkmode Ventures, and angel investors. The funding will be used to expand the company’s engineering and product teams and to scale enterprise deployments of its automation platform.

 

Founded by Deepak Anchala, Rahul Bhattacharya, and Anirudh Badam, Adopt AI offers a platform that lets businesses automate workflows and execute complex actions using natural language commands, without needing to rebuild existing systems. Its core products include a no-code Agent Builder, which allows companies to quickly create and deploy AI-driven conversational interfaces, and Agentic Experience, which replaces traditional user interfaces with text-based commands.

The startup’s technology is aimed at SaaS and B2C companies in sectors like banking and healthcare, helping them rapidly integrate intelligent agent capabilities into their applications. Adopt AI’s team includes engineers from Microsoft and Google, with Chief AI Officer Anirudh Badam bringing over a decade of AI experience from Microsoft.

The company has also launched an Early Access Program to let businesses pilot its automation solution and collaborate on new use cases.

Continue Reading

Latest News

PayU Gets Final RBI Nod to Operate as Payment Aggregator Ahead of 2025 IPO

Published

on

PayU

PayU India, owned by Prosus, has received final approval from the Reserve Bank of India (RBI) to operate as an online payment aggregator, a year after getting in-principle approval in April 2024. This authorization allows PayU to onboard new merchants and offer digital payment solutions, joining other major players like Razorpay, CCAvenue, and BillDesk.

The RBI’s nod comes as PayU prepares for its planned IPO in the second half of 2025, following a delay from its original 2024 timeline due to market conditions. The company, which serves over 450,000 merchants, reported $319 million in revenue from its core payments and credit business in the first half of FY25.

PayU stated that the approval will help it build a resilient, compliant, and innovation-driven institution, supporting merchants of all sizes and advancing the Digital India vision. The company has also strengthened its risk management and expanded its presence in real-time payments through a strategic stake in Mindgate Solutions.

Continue Reading

Funding

Flam Secures $14M Series A to Revolutionize Mixed Reality Marketing with AI

Published

on

Flam_StartupStories

AI infrastructure startup Flam has raised $14 million in a Series A round led by RTP Global, with participation from Dovetail and existing investors, bringing its total funding to $22 million. Founded in 2021, Flam enables brands to create and deliver high-fidelity mixed reality (MR) and generative AI experiences without the need for app downloads, allowing consumers to access immersive content via QR codes or links in under 300 milliseconds.

Flam’s platform is already used by over 100 global brands-including Google, Samsung, and Netflix-reaching more than 380 million users. The new funding will accelerate product innovation, expand operations in North America, Europe, and Asia, and launch a full-stack enterprise suite for MR and GenAI-driven marketing. The company currently has over 120 employees and plans to grow to 180 by the end of 2025, aiming to transform every brand touchpoint into an interactive digital experience.

Continue Reading
Advertisement

Recent Posts

Advertisement