PhonePe, a Bengaluru based fintech start-up has introduced a credit line feature on the unified payments interface or UPI. This new function enables the consumers to avail the small ticket credit facilities right through the UPI payments. Also, the merchants can now allow the customers to make payment through credit on the payment gateway of…
Shiprocket, an ecommerce enabler in which Zomato has a stake, has introduced a new D2C marketplace, Zop. This marketplace that is still in its pilot stage seeks to bring various direct-to-consumer brands that are Indigenous to Indians. Shiprocket’s vision is to create an environment where brand can access the audience and promote their products. With…
Namma Yatri, a Bengaluru based ride hailing firm is among those companies that are thinking big having been reported to be eying the United States market. Currently, the company is negotiating with unions in the US to establish the organization’s position in an industry that is mainly controlled by large players. Indeed with this support…
The going has got rough for one of the foremost online travels agency in India named EaseMyTrip. The financial report of the first quarter of the fiscal year 2025 has shown rough-sailing for the company. As expected, revenue and consequently the profit level have significantly declined in comparison with the previous Q. Although it has…
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…
Flipkart e-commerce major has sneaked in a Rs 3 platform charge in the shopping carts, just like food delivery aggregators Swiggy, Zomato and Zepto. Although the company has said this is a small charge that is important in fine-tuning its operations with a view to improving the user experience, the move has elicited some concerns…
Bluestone A Retail jewellery chain has raised $970 million in pre-initial public offering funding. Such a huge funding from other elite investors such as Peak XV Partners, Prosus, and Steadview Capital puts Bluestone in a good stead in its market entry. It intends to submit the paperwork for its IPO in the next few months….
Reliance Industries is all geared up to disrupt the streaming industry in India with its plan to merge JioCinema with Disney+ Hotstar. The goal of this strategic maneuver is to make a single, overwhelming platform that can challenge international players such as Netflix and Amazon Prime Video. For instance, JioCinema that is already instrumentalally popular…
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…
A Japanese marketing startup, Piala, found a clever way to boost employee health and productivity! Smokers were taking breaks throughout the day, but everyone clocked out at the same time. This meant non-smokers were basically working a little extra. To keep things fair and encourage a healthy lifestyle, Piala decided to offer non-smokers up to…
