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Startup news and updates: daily roundup (June 17, 2024)


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Qiro Finance has raised $1.2 million in funding, led by Alliance, to bridge the credit gap in emerging markets through decentralized credit protocols. Amazon Fresh has expanded its grocery delivery service to over 130 cities in India, offering discounts and sourcing products from thousands of farmers. Pincode, PhonePe's store-first commerce app, has integrated popular stores in Hyderabad to offer grocery, fresh produce, and other essentials. The Indian National Space Promotion and Authorisation Centre (IN-SPACe) has launched a pre-incubation program to support early-stage space startups. Physics Wallah has launched a 36-week full stack web development course in an offline-hybrid format. Jammbo, a toy startup, is on track to reach Rs 50 crore in revenue in its first year of operations. Harish Narayanan has joined HDFC AMC as the chief marketing officer and chief digital officer.

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