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Kult raises $20 million to scale AI, expand product range and boost orders
The initiative aimed to reduce rampant ticketless travel by transforming ticket purchase into a lottery-like incentive.
Kult, an AI-powered beauty-tech discovery platform, has raised $20 million in Series A funding led by the M3M Family Office. The company plans to use the funds to enhance its personalisation engine, expand global brand partnerships, and scale to 10,000 daily orders by the end of 2025. Founder and CEO Karishma Singh says Kult is redefining beauty discovery in India with hyper-personalisation and a curated, tech-driven shopping experience.
TCS layoffs hint at broader job cuts as IT ditches scale hiring for skills-based model
TCS layoff: Several IT workers from both big and small firms told Storyboard18 that the pace of AI advancement has outpaced humans adaptability in many job roles