Latest News
How The Tech Industry Is Coming Together To Fight The Coronavirus Pandemic
We live in a time when technology has taken over the world. No matter what the problem, there is always a startup or a tech giant coming up with a solution. There is no doubt that technology has elevated the quality of life across the globe and has increased life expectancy all over the world. However, we are currently living in an extraordinary time when the entire world and stock markets are being brought to its knees due to a virus of the physical kind. The virus which originated in the Wuhan province in China, has quickly spread like wildfire across the globe due to its exponential growth and transmission rates. World governments are enforcing quarantine measures in order to combat the spread of the virus. As quarantine measures are taking effect, corporations and businesses have come up with innovative ideas to ensure their work stays on track and have implemented work from home options.
The unforeseen threat of the Novel Coronavirus crippled the stock markets around the world so much so that it is being compared to the great economic depression that shook the world in the 1930’s. However technology companies are coming together to offer whatever assistance they can to help combat the Coronavirus.
Microsoft:
Microsoft has always prided itself on being one of the largest technology companies in the world for more than two decades. Microsoft was always on the forefront of innovation and Bill Gates visionary leadership was a vital contributor for its growth. In these testing times Microsoft’s communication application Team has seen a huge surge in its usage. The chat and conferencing app gained more than 12 million daily users in one week as more people worked from home during the coronavirus outbreak. Microsoft understood that healthcare providers and hospitals are under extreme stress and therefore rolled out several features designed to help with telemedicine and employees working from home, such as a bookings application for Teams to help hospitals manage virtual appointments.
Facebook:
Facebook is a social networking platform which boasts of having a whopping 2.36 billion active users on its platform. This makes it a very powerful tool to communicate and spread information quickly. However, this also means a lot of misinformation and myths can be spread as well. Facebook usually has a team of moderators verifying information going online on its platform and checking to see if the information meets their community guidelines. In these testing times, misinformation is spreading at an alarming rate and therefore Facebook is considering the usage of Artificial Intelligence to do the job of a moderator in order to combat wrong information being spread about the Coronavirus.
Twitter:
Microblogging platform Twitter is one of the quickest ways to search for information online from all over the world. A verified Twitter user tagged Jack Dorsey and asked him why popular and esteemed epidemiologists, contagion experts and virologists do not have a verified account which is indicated by a blue tick on their profiles. Paul Graham, the cofounder of Y Combinator retweeted the original post and asked Jack why Twitter is not verifying the accounts of contagion experts as their expertise is the need of the hour. Jack Dorsey was quick to acknowledge Paul Graham’s tweet and has called for users to help Twitter in identifying public health experts.
Come on @jack, it’s not like we’re asking for an edit button or something. All we want is some medical experts to get blue checks. It will take you guys 5 minutes. https://t.co/SP1R634jxf
— Paul Graham (@paulg) March 20, 2020
Help us verify public health experts https://t.co/5HzruGBCKi
— jack 🌍🌏🌎 (@jack) March 21, 2020
Alibaba:
Alibaba’s founder Jack Ma has pledged an extraordinary amount of resources to help the world out in this crisis. Jack Ma donated face masks, safety suits and virus testing kits to Japan, Iran and Italy. Italy and Iran in particular have seen the highest cases of Coronavirus outside of China. In the latest update, Jack Ma pledged more support to some of the poorest countries in Asia.
Go Asia! We will donate emergency supplies (1.8M masks, 210K test kits, 36K protective suits, plus ventilators & thermometers) to Afghanistan, Bangladesh, Cambodia, Laos, Maldives, Mongolia, Myanmar, Nepal, Pakistan & Sri Lanka. Delivering fast is not easy, but we’ll get it done!
— Jack Ma (@JackMa) March 21, 2020
In this time of crisis, it is heartwarming to see businesses putting profits aside for the moment and instead focus their efforts on helping humanity as a whole. As the whole Coronavirus pandemic sees its course, there will no doubt be countless stories of humanity winning all over the world.
Latest News
₹290 Crore Boost: Rozana’s Series B Funding Scales Rural Retail Network Nationwide
Rozana, India’s leading rural retail platform, has secured ₹290 crore ($35 million) in a Series B funding round led by Bertelsmann India Investments (BII), with participation from Omidyar Network India, Vivid Capital, and Tana Investment Holding. This Rozana funding brings its total capital to over ₹500 crore, fueling hyperlocal expansion in underserved rural markets. Founded in 2021 by brothers Prashant and Prateek Chauhan, the startup’s phygital model blends micro-stores, app-based ordering, and last-mile delivery to connect 5 million+ users in 12 states with brands like ITC and HUL.
The ₹290 crore investment will supercharge Rozana’s rural omnichannel retail strategy, targeting 5x growth in 18 months. Plans include adding 5,000 micro-stores in Uttar Pradesh, Bihar, and Rajasthan; AI-powered inventory tech; and new categories like groceries and electronics. By empowering 20,000+ rural micro-entrepreneurs, Rozana taps into India’s $700 billion rural retail boom, where smartphone penetration and UPI drive 12% annual growth.
This Rozana Series B milestone positions it as a frontrunner against rivals like Ninjacart, eyeing unicorn status by 2028 amid ONDC tailwinds. CEO Prashant Chauhan emphasized, “We’re building rural prosperity through accessible premium brands.” For more on Rozana funding news and rural retail trends, stay updated on India’s startup ecosystem.
Latest News
Peak XV New Funds: $1.3B Commitment for India Startup Surge 2026
Peak XV Partners has launched three new funds totaling $1.3 billion, targeting India’s booming startup ecosystem. The lineup features the $600M Surge fund (8th edition) for early-stage ventures, a $300M Growth Fund for Series B+ scaling, and a $400M Acceleration Fund for rapid portfolio expansion. This commitment arrives as India’s VC inflows rebound, with AI and fintech leading 2026 trends.
These funds build on Peak XV’s legacy of backing unicorns like Zomato and Pine Labs, offering founders capital plus strategic guidance amid post-winter recovery. Early-stage deals surged 20% last year per Tracxn, positioning Peak XV to fuel the next wave of innovation in SaaS, climate tech, and consumer plays.
For startups eyeing Peak XV new funds or Surge fund 2026 applications, this signals prime opportunities. Investors and marketers should watch for deployment updates India remains a global VC hotspot.
Latest News
D2C Brand Neeman’s Raises $4 Million for Tier 2/3 Store Expansion & Eco-Friendly Shoes
Hyderabad, January 13, 2026 Neeman’s, India’s leading D2C footwear brand famed for sustainable shoes and patented PIXLL® technology, has raised $4 million from existing investors. This funding boosts its cumulative capital past $10 million since 2015, with a post-money valuation nearing $50 million. CEO Vijay Chahoria emphasized offline retail as the “next frontier,” planning 50+ new stores in Tier 2/3 cities like Jaipur and Lucknow to blend eco-friendly innovation with hands-on customer experiences.
In India’s booming D2C ecosystem where footwear sales hit ₹1.2 lakh crore in 2025 Neeman’s targets hybrid retail amid high online CAC and 25-30% returns. Backed by vegan, machine-washable shoes priced ₹2,000-4,000, the brand leverages PIXLL® (5x more breathable than leather) for carbon-neutral comfort. Recent 5x revenue growth to ₹100 crore ARR, 1M+ pairs sold via Myntra and stores, and awards at India D2C Summit 2025 position it ahead of rivals like Paaduks.
Neeman’s offline expansion India eyes the $15B sustainable footwear market by 2028, fueled by PLI schemes, Gen Z’s 70% eco-preference (Nielsen), and Southeast Asia exports. Challenges like real estate costs are offset by data-driven inventory and omnichannel QR tech. Watch for Q1 2026 launches in Hyderabad and Bengaluru redefining D2C success through authentic, “Wear the Change” branding.
