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Payments
Digital payment via UPI spikes on person-to-merchant transaction growth: Report
PTI -
The number of UPI transactions in January 2018 was 151 million, and it reached 9.3 billion in June 2023, primarily driven by the growth in P2M transactionsNew Delhi:Â Digital payment through Unified Payments Interface (UPI) has seen a multi-fold jump...
E-Commerce
Flipkart Ventures invests in five early-stage tech startups
The startups that will receive equity-based funding are Algomage, Castler, FlexifyMe, NimbleBox.ai, and ReCircle
Bengaluru: E-commerce marketplace Flipkart’s venture investing arm, Flipkart Ventures, is investing in five early-stage startups as part of its accelerator program—Flipkart Leap Ahead (FLA), the company said...
E-Commerce
Road secretary Anurag Jain, former DPIIT official Anil Agarwal join ONDC’s advisory council
PTI -
With this, the total members of the ONDC's advisory council will be 13New Delhi: Road, Transport and Highways Secretary Anurag Jain and former additional secretary in the department for promotion of industry and internal trade (DPIIT) Anil Agarwal have...
Finance & Funding
Beauty brand Pilgrim raises $20 million series B funding
The brand is planning to deploy the funds in brand building, research and development and bolstering offline expansion within India
Bengaluru:Â Beauty and personal care brand Pilgrim has raised $20 million in Series B funding led by Vertex Ventures Southeast Asia...
In Focus
Uniqlo onboards Katrina Kaif as its first India brand ambassador
In the one-year partnership, Kaif will be seen in Uniqlo’s campaign films across digital and offline channels
Bengaluru: Japanese fashion retailer Uniqlo has onboarded Bollywood actress Katrina Kaif as its first brand ambassador in India, the company said in a...
E-Commerce
Myntra launches AI-powered interactive chatbot for customised suggestions
Available on the Myntra app and launched right ahead of Myntra’s annual festive event, Big Fashion Festival (BFF), the chatbot is all set to assist usersBengaluru: Fashion e-commerce platform Myntra has introduced conversational AI (artificial intelligence) -powered chatbot Maya,...
Research
Commerce@Bharat: Redefining business models and supply chain by Deloitte
The report highlights the transformative potential of the Open Network for Digital Commerce (ONDC) in redefining and democratizing the e-commerce landscape in IndiaBengaluru: ‘Commerce@Bharat: Redefining business models and supply chain’ report by professional services network Deloitte underscores the transformative...
Beauty & Wellness
Ex-cofounder of Paper Boat Neeraj Biyani unveils skincare brand Asaya
Conceptualized and formulated in Florida, Asaya offers its products across the brand’s official website, Amazon, Big Basket, JioMart and Flipkart
Bengaluru:Â Entrepreneurs including Neeraj Biyani, former co-founder of Paper Boat, as well as Vikash Singhal, Mandeep Bhatia, and Eeti Sharma, have...
Fashion & Lifestyle
Decathlon launches first large-format store in Chennai
The new Decathlon store is spread across 13,000 sq. ft. of retail space and is located at Marina Mall, Old Mahabalipuram Road, Egattur, Chennai
Bengaluru:Â French sporting goods brand Decathlon said it has launched a new store in Chennai spanning around...
Consumer Durables & IT
Apple to scale up production over 5 times in India to $40 billion in 5 years
PTI -
The company has crossed the $7 billion production mark in the last financial yearNew Delhi: iPhone maker Apple has plans to scale up production in India by over five-fold to around $40 billion (about 3.32 lakh crore) in the...
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Latest News
Gujarat’s first PVR IMAX opens at Palladium Ahmedabad
The multiplex is the largest PVR IMAX in Ahmedabad and offers a luxury experience which includes comfortable opulent seating,...
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