Swiggy, the famous food shipping app, has unveiled a groundbreaking feature referred to as Incognito Mode. This new choice shall let us users place regional orders for meals and groceries without their picks appearing in their order history. Perfect for folks who need to preserve their food picks personal, Incognito Mode is specially beneficial for…
Waycool, a fast-growing agri-tech startup, has laid off over 200 employees in Chennai, Bengaluru and Hyderabad in its efforts to turn a profit. This is the third round of layoffs in a year. The company is focusing on streamlining roles and automating processes to achieve financial stability.Despite these challenges, WayCool has raised $341 million from…
Blue Tokai, a specialty coffee and bakery brand, has increased its momentum thanks to the $35 million Series C funding round spearheaded by global investment platform Verlinvest. Other participants in the financing included existing investors Anicut Capital and A91 Partners. The additional funds will help Blue Tokai consolidate its share in the existing metropolitan markets…
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…
According to a report in The Economic Times, food delivery services such as Swiggy, Zomato, and BigBasket may start offering low-alcohol beverages like wine and beer in more states. Currently, only two states, West Bengal and Odisha, allow alcohol delivery to homes. However, the article suggests that six state authorities are considering a trial project…
PhonePe, the fintech giant, is disrupting the insurance industry with its brand new pre-approved term life insurance feature. This is going to change the game of financial inclusion by opening up life insurance to millions of Indians who were earlier out of the market. No income proofs required! PhonePe’s AI underwriting magic identifies eligible users,…
MamaEarth parent company of Honasa Consumer declares fabulous result in Q1 FY25. The company has recorded a 17% mouth-to-mouth communication rate, meaning that 17% of the customers reached by the competitors’ mouth-to-mouth communication share the information with the company as well. 6% QoQ rise in revenue Rs 554 Cr and a 33% YoY. Increase to…
Former Housing.com CEO Rahul Yadav has secured investment from Indian cricketer Yuvraj Singh for his new startup, Intelligent Interfaces. The amount of investment has not been disclosed. Yadav was ousted from Housing.com in 2015 amidst controversy. Yuvraj also mentioned through his facebook account with a picture of Yadav, Nishant Singhal and himself that “Proud to…
Neuron Energy, an electric vehicle battery company based in India’s financial capital, Mumbai, is the latest EV battery industry start up to have garnered Rs 20 crore in freshly brewed Series A capital. That is the second relatively large funding round announced by the company in under a year. Neuron Energy is an old company…
Edtech Giant’s Troubles Deepen!! The troubles keep piling up for BYJU’S. The once high-flying edtech startup is now facing a major setback as over 100 of its tuition centres across India have been shut down. Landlords, frustrated by months of unpaid rent and utility bills, have taken drastic action, locking out the company. The crisis…
