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Read Now: Wheelocity raises $12 million for its supply chain network for fresh commerce in India – 101 Latest News

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Wheelocity raises $12 million for its supply chain network for fresh commerce in India

#Wheelocity #raises #million #supply #chain #network #fresh #commerce #India

Wheelocity, an early-stage supply chain startup that handles fresh food supplies for quick commerce platforms in India, has raised $12 million in a new financing round as it gears up to broaden its product offerings and expand workforce.

Lightspeed India Partners led the startup’s Series A funding, which is a mix of 80 percent equity and 20 percent venture debt, the startup said. Anicut Capital and a few other investors also participated in the round.

Founded in September 2021, Wheelocity provides quick commerce firms with a supply chain of fresh food. The startup says its supply chain network integrates collection centers, fulfilment and distribution centers, last mile hubs, dark stores and logistics.

Wheelocity’s customers include Swiggy’s Instamart, Flipkart-backed Ninjacart, Google-backed Dunzo and Zomato’s Blinkit.

“Fresh commerce as a category has been operating in a very traditional way over the last 2,000 years, so to say,” said Selvam VMS, founder and CEO at Wheelocity, in a telephonic interview. “So, we are making it technology-enabled and bringing a lot of visibility into inventory management.”

The Chennai-based startup claims that by using its technology-based supply chain network, customers can launch their operations in new cities in less than seven days.

Wheelocity is currently operational in over 12 cities, including top-seven cities and is handling close to 700 tonnes of fruit and vegetable supplies each day. It has a team of over 350 members that it is planning to expand across roles in product, technology and operations, among others, over the next six months.

Though Wheelocity started its business with fruits and vegetables, it has since expanded to areas including dairy, seafood, meat and poultry.

Over the next 12 months, the startup is aiming to reach over 30 more cities in India.

Prior to the funding round, Wheelocity was bootstrapped. The founding team that includes co-founders Amresh Singh and Senthil Kumar along with VMS had invested $6,30,000–$7,50,000 into the business, VMS told TechCrunch.

“Solving the fresh supply chain in India is a very large problem and in Wheelocity, we saw a mission-driven team, committed to create a meaningful difference for its customers by creating the rails for fresh commerce in the country,” said Rahul Taneja, Partner at Lightspeed, in a statement.

Wheelocity is planning to deploy its fundraise to build new product offerings on farm side operations and build technology-powered supply chains to reduce and eliminate food wastage, it said. It is also building Internet of Things (IoT)-based packing units, AI-based work solutions and warehouse/ logistics automation.

Instant commerce is making fast inroads in India. Swiggy’s Instamart and Y Combinator-backed Zepto are among the leaders in the space, which took off during the pandemic.

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Read Now: Source: HSBC intends to rebrand Silicon Valley Bank UK as HSBC Innovation Banking, and plans to announce the change during London Tech Week in June (Mark Kleinman/Sky News) – 101 Latest News

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Musk says the current blue check system is "bullshit"; Twitter Blue to cost $8/month with half as many ads, priority in replies, mentions, and search, and more (Elon Musk/@elonmusk)

#Source #HSBC #intends #rebrand #Silicon #Valley #Bank #HSBC #Innovation #Banking #plans #announce #change #London #Tech #Week #June #Mark #KleinmanSky #News

Mark Kleinman / Sky News:

Source: HSBC intends to rebrand Silicon Valley Bank UK as HSBC Innovation Banking, and plans to announce the change during London Tech Week in June  —  Europe’s biggest lender will next month announce that SVBUK is being renamed HSBC Innovation Banking, Sky News learns.  —  City editor @MarkKleinmanSky


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Read Now: Best phones under Rs 40,000 (May 2023): OnePlus 11R 5G, Samsung Galaxy S21 FE 5G to iQOO 9 5G – 101 Latest News

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Best phones under Rs 40,000 (May 2023): OnePlus 11R 5G, Samsung Galaxy S21 FE 5G to iQOO 9 5G

#phones #OnePlus #11R #Samsung #Galaxy #S21 #iQOO

There were quite a few handsets vying for a slot on our sub-40K list of phones this month. After much deliberation, we have shortlisted five. This budget gives you access to some premium features like flagship-grade processors, high quality cameras with OIS, excellent high refresh rate displays and more. You get phones suitable for gamers as well as photography enthusiasts in this budget. So let’s take a look at the best options you can get your hands on under Rs 40,000 this May.

Best phones to buy under Rs 40,000 in India

OnePlus 11R 5G
OnePlus had a strong start to the year courtesy of the launch of the OnePlus 11 series. While the flagship OnePlus 11 5G is loaded with more bells and whistles, the more affordable 11R 5G is no pushover either, and borrows a lot of goodness from its more premium sibling including the design. This stylish phone looks just like the 11 5G from the front and back, barring the placement of the front camera and a missing Hasselblad logo at the back.

The OnePlus 11R has a curved display too, measuring 6.74-inch with an unusual (higher than Full HD) resolution of 2772 x 1240 pixels. You get a standard Fluid AMOLED display here instead of the more premium LTPO3 variant on the 11. This HDR10+ compliant screen supports 10-bit colour, 120 Hz refresh rate and can get up to 1450 nits bright. This phone is powered by Qualcomm’s previous generation flagship Snapdragon 8+ Gen 1 chip, and you get its 8 GB RAM and 128 GB UFS 3.1 storage variant in this budget.

The 50MP primary camera with OIS but without Hasselblad’s colour tuning is quite impressive and does most of the heavy lifting. The support cast is modest with an 8MP ultrawide camera and a 2MP macro camera. There’s a 16MP selfie camera too. Its 5000 mAh battery can last for a day and a half of moderate use, and the bundled 100W charger promises to juice it up in just 25 minutes. The phone runs OxygenOS 13 based on Android 13 and one can expect several OS and security updates going forward.

OnePlus 11R 5G price in India: Rs 39,999 for 8GB RAM/128GB storage

Motorola Edge 30 Pro 5G
The Motorola Edge 30 Pro 5G seems to have received further price cuts and you can now get it under 35K. This phone is powered by Qualcomm’s previous flagship Snapdragon 8 Gen 1 chip, which is still extremely powerful, and comes with 8 GB RAM and 128 GB internal storage. Its 6.7-inch Full HD+ OLED screen flaunts a 144 Hz refresh rate, HDR10+ compliance and can display over a billion colours. You get Corning Gorilla Glass protection against scratches at the front and back.

Motorola Edge 30 Pro 5G

The photography department on the Motorola Edge 30 Pro is impressive too, starting with a 50MP primary camera with optical image stabilisation (OIS) and another 50MP camera for ultra-wide photography; there’s a 2MP depth sensor too. The 60MP front camera is bound to impress the selfie crowds. This phone has a 4800 mAh battery that comfortably lasts close to a day and a half of moderate use and supports 68W fast charging as well as 15W fast wireless charging. This phone launched with Android 12, and an Android 13 update has started rolling out. Like most Motorola phones, you get a clean and near-stock user interface.

Motorola Edge 30 Pro 5G price in India: Rs 34,999 for 8GB RAM/128GB storage

Samsung Galaxy S21 FE 5G
The Samsung Galaxy S21 FE 5G is another great option in this budget. This phone has a sleek design and also flaunts an IP68 rating for dust and fluid resistance. It has a 6.4-inch Full HD+ Dynamic AMOLED 2X display with HDR10+ compliance, 120 Hz refresh rate and Corning Gorilla Glass Victus protection. It is powered by Samsung’s Exynos 2100 chip which can be found in several premium phones from the company. You can get its 8 GB RAM and 128 GB internal storage variant in this budget. The phone launched with Android 12, and is upgradeable to Android 13 with Samsung’s One UI 5.

Samsung Galaxy S21 FE 5G

Photography department on the Samsung Galaxy S21 FE 5G consists of three cameras at the back starting with a 12MP primary camera with OIS, a 12MP ultra-wide camera with 123 degrees FOV and an 8MP telephoto camera with OIS that provides 3X optical zoom. The camera performance is impressive with excellent detail and wide dynamic range, and with a strong low light performance too. A 4500 mAh battery keeps the phone running for close to a day and a half of moderate use and supports wireless charging as well.

Samsung Galaxy S21 FE 5G price in India: Rs 39,999 for 8GB RAM/128GB storage

iQOO 9 5G
The iQOO 9 5G is for those looking for a solid camera phone with ample storage under 40K. It is powered by Qualcomm’s earlier flagship Snapdragon 888+ chip, and you get its 12 GB RAM and 256 GB internal storage variant in this budget. Its 6.56-inch HDR10+ compliant Full HD+ AMOLED display has 120Hz refresh rate and can display a billion colour shades. The phone launched with Android 12 with FunTouch OS 12, and the company released an Android 13 update for the phone a few months ago. One can expect more software updates for this device in the future.

iQOO-9-1

The rear camera department here is quite versatile too. You get a 48MP primary camera with Gimbal stabilisation, accompanied by a 13MP ultra-wide camera and a 13MP 50 mm professional portrait camera for great portrait shots. The 16MP front camera is more than handy for selfies and video calls. The iQOO 9 5G has a 4350 mAh battery that can last over a day of moderate use, and the bundled 120W fast charger claims to charge it fully in just 18 minutes.

iQOO 9 5G price in India: Rs 37,990 for 12GB RAM/256GB storage

Asus ROG Phone 5s
Here is a surprise entrant in this list. A relatively old phone but still highly relevant for mobile gamers, and certainly a very interesting option at this price point. We are talking about the Asus ROG Phone 5s. Other than powerful processing hardware, the phone has several optimisations and enhancements to give gamers an immersive gaming experience. The phone is powered by a Qualcomm Snapdragon 888+ SoC which is still fairly powerful for gaming, and you get 8 GB RAM and 128 GB internal storage to go with it.

Asus ROG Phone 5s

Its large 6.78-inch Full HD+ 10-bit AMOLED display has a 144 Hz refresh rate, HDR10+ compliance and can get up to 1200 nits bright. This phone is targeted primarily at mobile gamers, but it can handle photography reasonably well, courtesy of a 64MP primary camera, 13MP ultra-wide snapper and a 5MP macro camera. The Asus ROG Phone 5s has a large 6000 mAh battery for long gaming sessions, and the bundled 65W fast charger can recharge it briskly. This phone launched with Android 11 and Asus’ ROG UI, and a stable Android 13 update has started rolling out recently.

Asus ROG Phone 5s price in India: Rs 39,999 for 8GB RAM/128GB storage


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Read Now: Blade Runner Show Possibly Delayed a Full Year as Companies Refuse to Pay Writers – 101 Latest News

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Blade Runner Show Possibly Delayed a Full Year as Companies Refuse to Pay Writers

#Blade #Runner #Show #Possibly #Delayed #Full #Year #Companies #Refuse #Pay #Writers

Image: Warner Bros.

You can now add the upcoming Blade Runner 2099 TV show to the list of shows impacted by the Writers Strike.

According to the BBC, the Prime Video series was set to start shooting at Belfast Harbour Studios in Northern Ireland. The ongoing strike by the Writers Guild of America also affects writers whose shows or films are filming outside of the US, such as 2099. And even though it hasn’t even been a full month since the strike started, the sci-fi series may not end up starting up production again until spring 2024.

Speaking to the outlet, Northern Ireland Screen (the country’s national screen agency) said it was “extremely disappointed” by production being halted. Its CEO Richard Williams added that the company “hope a fair deal is reached soon so crew can get back to work.” In the meantime, NI Screen plans to find something else to take up 2099’s production schedule, while being mindful that “many freelance crew and supply chain companies were relying on this project for work in the months ahead.”

Blade Runner 2099 was officially picked up by Prime Video last September as a limited series with original Blade Runner director Ridley Scott on hand as an executive producer. We know that it’s set 50 years after 2017’s Blade Runner 2049, but details on the show have otherwise been basically nonexistent. The biggest piece of recent news was back in March, with Killing Eve’s Jodie Comer reportedly in talks to star.

The news of 2099’s production being halted comes not long after Marvel Studios decided to kill production for both Thunderbolts and Wonder Man for the foreseeable future. Countless other films and shows have stopped production in the month of May as a result of picketing writers, which has to be a blow felt by all the companies as solidarity for the writers grows and the WGA may not be the only ones picketing for better pay and profits from streaming services.


Want more io9 news? Check out when to expect the latest Marvel, Star Wars, and Star Trek releases, what’s next for the DC Universe on film and TV, and everything you need to know about the future of Doctor Who.

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