The Karnataka State Mango Development and Marketing Corporation (KSMDMC) has partnered with the Indian Postal Service to deliver the mangoes on Tuesdays and Fridays. Following the Covid-19 outbreak, farmers faced the prospect of their produce going to waste given the nationwide lockdown, which was extended to 3 May.
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The Competition and Markets Authority (CMA) has provisionally cleared Amazon’s investment in Deliveroo, after Deliveroo’s financial position deteriorates as a result of COVID-19.
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Logistics SaaS platform FarEye, has announced a Series D investment of USD 25 million led by M12 (Microsoft’s venture fund) with participation from Eight Roads Ventures and Honeywell Ventures. Existing investor SAIF Partners also participated in the round.
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Post Office, a retail post office company in the United Kingdom, is making two of its products – ‘Payout Now’ and ‘Fast PACE’ (a pre-authorised cheque encashment service) available to all UK’s banks, building societies and credit unions so they can be offered to any of their customers who are most in need of access to cash simply and speedily during this national emergency.
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Parcel delivery firm DPD says it is making 200,000 food deliveries a week and DPD is planning for that number to rise significantly in the coming weeks.
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