Mastercard and wearable manufacturer boAt have partnered to enable tap-and-pay on their smartwatches. According to a press release from Mastercard, Mastercard cardholders who use smartwatches with payment capabilities from boAt will be able to make easy payments straight from their devices via Crest Pay, the official boAt app. Cardholders may now tokenize their current Mastercard…
Seiko Solutions, one of the pioneers in telematics, enters into a strategic partnership with Indicus Software-a well-renowned IoT solutions provider. With this, the alliance aims to rewrite the future of telematics by embedding the most advanced state-of-art IoT technologies in Seiko Solutions’ presently existing service portfolio. The partnership will utilize Indicus Software’s industry-leading “Contineo” platform,…
Flipkart, the Indian online retailer, announced the opening of two new fulfillment centers in Uttar Pradesh. The new FCs are strategically located at Varanasi and Unnao, collectively spanning more than 5 lakh square feet of storage space. The centres are likely to massively improve the operational efficiencies of Flipkart in the region and create in…
Unicommerce, the foremost SaaS provider solution for e-commerce has reported marvellous financial results for the first quarter of the fiscal year. The results demonstrated a 3% increase in revenues although it is a considerable reduction quarter on quarter and an even more impressive 22% growth in earnings. From Rs 26.5 crore in Q4 FY24 to…
Introduction The bankruptcy of Lehman Brothers Holdings Inc. on September 15, 2008, stands as a monumental event in the history of global finance. As the fourth-largest investment bank in the United States, Lehman’s sudden collapse signaled the onset of the most severe phase of the 2008 financial crisis. This case study examines the intricate factors…
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…
My Tirth India, a company that combines spirituality and technology, has unfortunately decided to cease operations due to a shortage of financial support. This news is particularly surprising given the recent popularity and growth of the spiritual tech sector. Despite the overall tightening of funding for many industries, spiritual tech has managed to attract significant…
Ritesh Aggarwal-led hospitality giant OYO as officially appointed Sumer Juneja as a non-executive director. The decision comes after a month after Juneja was inducted as an additional director, representing SoftBank. The appointment is in accordance with a resolution passed by the company’s board, as detailed in a regulatory filing with the Registrar of Companies (RoC). …
Introduction Founded in 2018, BharatPe has rapidly ascended to prominence within India’s digital payments sphere. As a fintech startup, BharatPe has carved out a significant niche by offering a diverse range of financial services tailored to the needs of small merchants and enterprises. The company’s success narrative is a testament to its inventive approach to…
Introduction Since its inception by Jeff Bezos in 1994, Amazon has evolved into a global e-commerce powerhouse, operating across numerous countries. One of the most noteworthy expansions has been into the Indian market, a region teeming with both significant challenges and enormous potential. Since its entry in 2013, Amazon has risen to become one of…
