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Archive for October, 2021

Dates : October 2021

Chalo raises US$40M to digitize bus commutes in India

October 7, 2021
India’s bus market is a US$20 billion opportunity, almost twice the size of cabs. The startup was operating about 1,900 buses before the pandemic hit last year. Now the startup is operating 2,500 buses and has signed up several thousand more. As part of the new financing round, the startup said it will use US$10 million of the proceeds to buy back stock options to reward its current and former employees as well as some early angel investors.
CDPI Emerging Markets

Brandcrush Launches Marketplace for Retailer-Owned Media

October 5, 2021
As obsessions go, being fascinated by the rise of retailer-owned media channels is pretty harmless, I guess.  So it’s probably okay for me to share that Brandcrush recently launched a marketplace to make it easier for retailers to sell ad space across in-store, in-package, and digital interactions.  They say clients can set up their ad sales business in as little as 48 hours, which is great news if you think consumers should see more ads as quickly as possible.
CDPI Newsletter