Liquor delivery to homes via Swiggy, Zomato, and BigBasket is probably coming soon to additional states: Report
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…
CRED: From Rags to Riches in Fintech
Bengaluru-based CRED is more than just a payment app. It’s a gilded club for credit card champs. By rewarding punctual bill payers with exclusive offers and swanky experiences, CRED turns boring bill payments into a VIP lifestyle. Think of it as your credit score’s golden ticket to a world of luxury. ABOUT FOUNDERKunal Shah, a…
Yubi Group Promotes from Within, Expands Stock Option Plan to Retain Talent
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…
BYJU’S Hit Hard: Over 100 Tuition Centers Shut Down Amidst Rent & Bill Chaos
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…
Order Up! But Get Ready to Pay Up: Food Delivery Startups Spice Up Prices
Food delivery apps Swiggy and Zomato are adding a pinch of extra cost to your online orders. The startups have hiked their platform fees by a spicy 20%, from Rs 5 to Rs 6 per order. This extra charge, now sizzling in Delhi and Bengaluru, will soon spread its heat to other cities. Don’t be…
Google Gobbles Up Startup for $23 Billion – Will it Fry the Market?
Google’s parent company, Alphabet, is about to drop a bomb on the tech world! whopping $23 billion on cybersecurity startup Wiz We’re talking a massive $23 billion cash explosion to snatch up cybersecurity startup Wiz. This isn’t just a purchase; it’s a power grab! Get ready for a new era of digital defense as Google…
Govt Seeds Rs 750 Crore for Agri Startups- AgriSURE
The government is launching a new fund called AgriSURE to support startups and entrepreneurs in the agriculture sector. This Rs 750 crore fund will provide loans and investments to help these businesses grow. A hackathon for green solutions in agriculture was also kicked off. To kickstart the project on a high note, a hackathon focused…
Nykaa Showers Employees with Shares, Profits Soar!!!
Nykaa on a Share Spree! The beauty giant has once again rewarded its employees with a fresh batch of equity shares. This is the second such allocation in recent weeks, signaling a strong belief in the company’s future. With a promising 22-23% revenue growth projected for the upcoming quarter, Nykaa seems to be riding high on…
Amazon India To Double Down On Same-Day Deliveries
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…