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Travis Kalanick Joins Medical Tech Startup Kareo’s Board Of Directors

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Travis Kalanick, the founder and former CEO of taxi hailing startup Uber, reportedly joined the board of directors for Kareo, a medical health tech startup. Kalanick, who was an angel investor in Kareo, will be joining the board along with author and entrepreneur Rob Reid.

Kareo provides technology enabled solutions to independent medical practitioners and helps with patient communications, payments and marketing. Based in Irvine, California, the company was founded by Dan Rodrigues in 2004 and has raised close to $125 million in venture funding. The company claims to have surpassed $70 million in annual revenue. In 2015, Kareo raised $55 million from health tech fund Montreux Equity Partners along with Silver Lake Waterman and existing investors such as OpenView Venture.

Speaking about the addition to the board, Kareo spokesperson said, “The company has experienced increasing provider growth in the last year and the changes in the healthcare sector now underway further accelerate demand for Kareo’s clinical and business management platform.” The spokesperson further added Travis and Rob each have valuable experience scaling technology businesses and the company is excited to have them contribute to the continued growth and success. With the addition of Kalanick and Reid, the total number of members on the board has risen to eight. Currently, the board members of Kareo include Dan as well as Michael Matley, Managing Director at Montreux Equity Partners.

Kalanick along with Rodrigues previously co founded Scour, a music search startup, in 1997. Axios reported, in a memo Rodrigues wrote to the employees, he said Kalanick has been an “enthusiastic believer in our vision since our inception and he is excited to work with us more directly to bring innovation to healthcare and help us reach out goals for market leadership.

Travis Kalanick was asked to step down as the CEO of Uber in June last year amid multiple controversies. Since his resignations as the CEO, this is Kalanick’s first appointment. However, Travis is still a part of the Uber board.

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

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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.

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Swiggy Unveils Pyng: AI App Linking Users to Verified Pros

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Swiggy has launched Pyng, a new app aimed at connecting consumers with verified professionals across over 100 specializations, including yoga instructors, financial advisors, tutors, and event planners. Currently live in Bengaluru, Pyng uses AI to match users with trusted experts and offers a money-back guarantee for unsatisfactory services.

The app also provides professionals with tools to manage bookings, track payments, and schedule services efficiently. This marks Swiggy’s entry into the professional services marketplace, expanding beyond its core food delivery and quick commerce businesses. Pyng is available on both iOS and Android, with plans for a nationwide rollout.

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Eat Better Secures ₹17 Crore in Pre-Series A Funding

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Eat Better, a Jaipur-based D2C snacking brand, has raised ₹17 crore in a Pre-Series A funding round co-led by Prath Ventures and Spring Marketing Capital. Founded by Vidushi Kanoria, Mridula Kanoria, and Shaurya Kanoria in 2020, Eat Better specializes in healthy snacks like dry fruit ladoos and nuts.

Key Highlights:

  • Investment Use: Funds will expand Eat Better’s product line and enhance its presence on quick commerce platforms.
  • Market Position: Competes with brands like Happilo and Yoga Bar in the healthy snacking space.
  • Operational Milestones: Fulfills over 2 lakh orders monthly.
  • Financial Performance: Revenue grew nearly threefold to ₹14.47 crore in FY24, with a reduced net loss.

Market Opportunity:

The Indian food and beverages market is projected to reach $68 billion by 2030, positioning Eat Better favorably to capitalize on the demand for healthy snacks. With this funding, Eat Better aims to strengthen its market presence and product offerings.

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