Topic: category expansion
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Onton Secures $7.5M to Expand AI Shopping Platform Beyond Furniture
Onton has secured $7.5 million in funding to expand its AI-powered shopping platform beyond furniture into apparel and consumer electronics, following rapid growth from 50,000 to over 2 million monthly active users. The startup uses a neuro-symbolic AI architecture to avoid common LLM hallucinati...
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FirstClub's Premium Strategy Defies India's Speed Obsession, Hits $120M Valuation
FirstClub has achieved a $120 million valuation by prioritizing quality over speed, securing $23 million in Series A funding led by Accel and RTP Global. The startup targets India's top 10% of households with curated, exclusive products and a personalized shopping experience, resulting in high av...
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