India Digest: Delhivery buys Primaseller; Inflexor launches deep tech fellowship

Logistics startup Delhivery has acquired Primaseller, a SaaS startup focused on omnichannel retailers. In another development, Inflexor Ventures has launched a DeepTech Fellowship programme.

Delhivery acquires Primaseller

Gurugram-headquartered logistics startup Delhivery has acquired Primaseller, a SaaS startup focused on omnichannel retailers, the company announced on Wednesday. Financial details of the deal were not disclosed.

“This development will help us bolster our technical capabilities and stay ahead of the curve, given that technology has and continues to be our core business differentiator. It further helps us strengthen our long-term vision of becoming the operating system for commerce in India,” said Kapil Bharati, Co-founder and Chief Technology Office at Delhivery.

Primaseller allows small businesses to efficiently manage inventory and orders across channels – be it online or offline and multiple locations, seamlessly. Started by Mohammed Ali and Vivek Subramanian, Primaseller is based out of Bangalore.

Inflexor launches fellowship programme

Venture Capital firm Inflexor Ventures has launched a DeepTech Fellowship programme under which it will provide seed to series A funding to the startups from its $100-million fund.

To further strengthen the programme, the venture capital firm has also joined hands with 100X.VC – a sector-agnostic, first cheque micro VC fund that invests via iSAFE notes in pre-seed and seed startups.

As part of the partnership, 100X.VC’s deep tech portfolio companies will receive mentorship and funding access from Inflexor’s network. Inflexor’s team will also do specialised workshops, experience sharing, and one-on-one mentoring.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.