UPI platforms PhonePe and Google Pay saw a marginal decline in their total volume while the third largest player Paytm recorded a stagnant growth in the last month.Overall, UPI saw a marginal dip of approximately 1% in total transaction volume to 13.9 billion in June from 14 billion in May. Moreover ,the transaction value also…
Yes Madam is an Indian startup that provides in-home salon and spa services. They connect customers with trained beauty professionals who come directly to your home to perform a variety of treatments. Yes Madam has launched a new plan called ‘Platinum Partners’ for the workers on its platform, under which the service partners will have…
large tech A significant worldwide disruption in Microsoft’s services has occurred, mostly affecting customers of its Microsoft 365 programme. Users are unable to access a number of Microsoft 365 apps and services due to the outage.As of 2:00 PM, the company said that it had recovered several of its services, namely Microsoft Defender, Microsoft Intune,…
Slice, the store that lets you buy things online and pay later, is like that friend who always has your back. This year, to keep growing bigger and helping more people, Slice needed some extra cash. So, they went to their friend Neo Markets, who is kind of like a bank, and borrowed Rs 65…
Significant leadership changes have been announced by Yubi Group, a prominent player in the fintech industry, across all of its subsidiaries (Yubi, Corpository, and Aspero). With at least two years of experience, these promotions propel current staff members into C-suite roles inside the organisation. Furthermore, Yubi Group has added 22 lakh shares to a pool…
Amazon India director Abhinav Agarwal said that the Prime membership plan now offers customers same-day deliveries on 1 million products, including toys, electronics, and home entertainment categories. Saying that same-day delivery for Prime members has doubled because of the company’s investment in strengthening its delivery network, Agarwal added that the company is looking to double down…
Introduction Anil Ambani, once a billionaire industrialist and head of the diversified Reliance Group, saw his empire crumble due to a series of wrong financial decisions. This case study delves into the specific financial missteps that led to the decline of Anil Ambani’s business ventures, focusing on strategic errors, financial mismanagement, and market conditions. Background…
Zepto is a fast-moving startup that offers superfast delivery of groceries and everyday necessities. Devendra Meel has been promoted to Chief Business Officer (CBO). With effect from July 2024, Devendra will now be in charge of overseeing several product categories (such as grocery, snacks, etc.) and forging solid brand alliances. Success is nothing new to…
Infra.Market, an online business-to-business (B2B) marketplace, is having a fundraising frenzy! They had aimed to raise 500 crore rupees for debt funding earlier in the year. Yubi, a prominent player, gave 80 crore rupees over the course of two transactions, and IKF Home Finance joined the party with an extra 40 crore rupees, so they’re…
