Users in Gurugram and the surrounding areas of the NCR region can now take advantage of Flipkart Minutes, a new fast commerce service, which was secretly launched by eCommerce giant Flipkart. According to a report by a media outlet, Flipkart Minutes is reportedly now available at several locations in Gurugram,
Return Prime is a worldwide returns management tool in the Shopify ecosystem. GoKwik, an eCommerce enabler, recently announced that it has purchased Return Prime for an undisclosed fee. With this acquisition, GoKwik has solidified its position as the world's premier eCommerce enabler and expanded into the UK, Europe,
Reports indicate that government officials are contemplating a five-year extension of the budgetary assistance period under the second phase of the India Semiconductor Mission (ISM) to eight years. According to a senior government official, applicants whose projects are approved under ISM Phase II may be eligible for additional financial grants
According to media reports, the goods and services tax authorities have warned large payment aggregators like BillDesk and CCAvenue, requesting GST on the cost they charged merchants for processing digital transactions under INR 2,000. Vishwas Patel, the joint managing director of Infibeam Avenues, which runs the payments processor CCAvenue,
Acko Tech, an insurtech unicorn, has launched the Acko flexi term life insurance plan, which provides policyholders with the ability to vary the amount of coverage when their financial responsibilities change. This comes after the company made its debut in the automotive industry. By launching this product, the company intends
Coalescence BITS Goa
As the sun rises over the pristine landscapes of Goa, excitement brews at the K.K. Birla Goa Campus of BITS Pilani, where the 12th edition of Coalescence, the annual entrepreneurship summit, is set to unfold. Coalescence has grown into one of India's most anticipated startup events, organized
For a while now, Telegram has been in the news. The CEO and founder, Pavel Durov, was detained on 25 August on suspicion of permitting unlawful acts on the messaging platform. Despite Durov's denials, Telegram has taken action. The corporation has been seen to be pushing moderation somewhat
The Central Government has partnered with Swiggy, a fast-commerce and food-delivery company, to enhance internship and job possibilities, according to a statement released on September 7. An initiative was launched by the Bengaluru-based startup with the Ministry of Skill Development and Entrepreneurship to offer job opportunities and skilling within the
A fintech firm called Paysharp, which is based in Chennai, has been granted the final approval to function as a Payment Aggregator (PA) by the Reserve Bank of India (RBI). After receiving an in-principle license in December 2022, the company was awarded approval on August 30, 2024. This approval came
New Delhi [India], September 7: The Rolling Plate, a leading cloud kitchen franchise company, is celebrating its 5th anniversary by giving back to society. The company is all set to change the lives of five underprivileged people on this special occasion. These people are currently working as beggars, and The
Gurgaon (Haryana) [India] September 7: In a bold move to transform the home loan approval process, Ambak has launched a new platform feature designed to improve the user experience and operational efficiency for home loan agents. According to their findings, the traditional home loan process can take up to 45
According to media reports, the GST Council might take into consideration a plan to charge payment aggregators (PAs) 18% GST for digital transactions with a minor value of up to INR 2,000 that are made through debit and credit cards during their upcoming meeting. Following the overnight demonetization of
According to sources familiar with the matter, banks have compiled a comprehensive list of over 3,000 companies implicated in fraud, which they intend to share and update in real time in response to an upsurge in financial scams. Legal professionals, construction workers, and gold loan evaluators are among those
Wazirx, an Indian cryptocurrency exchange, announced on 3 September 2024 through social networking site X that Phase 2 of INR withdrawals had been released ahead of schedule. This comes after the cyberattack that occurred on July 18 and resulted in the theft of more than $230 million worth of cryptocurrencies.
In light of the ongoing political turmoil in Bangladesh, the Noida textile cluster and the little town of Tiruppur in Tamil Nadu are benefiting from an influx of multinational apparel firms looking for new factories to manufacture their goods. In the past two weeks, Tiruppur's knitwear export business
On 4 September 2024, the Ministry of Electronics and Information Technology (MeitY) initiated the second group of students to participate in the SAMRIDH program. MeitY's S. Krishnan, the Secretary, was the one who initiated the program. The Government of India has set a goal of cultivating 300 businesses,
Zerodha co-founder Nikhil Kamath introduced the 'Innovators Under 25' at the most recent WTFund Summit in Mumbai. An inaugural event was held to celebrate the establishment of WTFund, the first non-equity grant fund in India, to support innovation among entrepreneurs under the age of 25. Jeet Adani, Kishore
The advent of digital identities, secure payment methods, and online transactions has had a profound impact on India's government and the provision of public services in the last several years. Thanks to these advancements, India is now at the forefront of citizen-centric digital solutions, and its digital ecosystem
On September 6, 2024, in Surat, Gujarat, Prime Minister Narendra Modi will inaugurate the "Jal Sanchay Jan Bhagidari" program, a joint venture with community partners. Jal Shakti Abhiyan: Catch the Rain is hoping to gain further traction with this project. The Government of Gujarat has endeavored to mobilize
The Agricultural and Processed Food Export Development Authority (Apeda), which is responsible for facilitating exports of agricultural products, has set a goal of $1 billion to promote Indian alcoholic and non-alcoholic beverages internationally over the next several years, in response to the robust demand for Indian spirits around the world.
The Public Provident Fund (PPF) is a centrally sponsored savings-cum-investment program renowned for its investor-friendly characteristics and long-term rewards. Under the Income Tax Act of 1961, the principal, interest, and maturity amounts will all remain tax-free because the scheme is classified as EEE (exempt-exempt-exempt). Over the years, the PPF regulations
Launched by S. Krishnan, Secretary of India's Ministry of Electronics and Information Technology (MeitY), the Vishvasya-Blockchain Technology Stack provides Blockchain-as-a-Service through a distributed infrastructure that can support different approved Blockchain applications. The National Blockchain Portal, Praamaanik, a groundbreaking blockchain-enabled solution for authenticating the provenance of mobile applications, and
New Delhi [India] September 5: Mulyam an agri-tech marketplace based out of Pune, is one of the pioneer startups which is strengthening the supply chain process. It connects farmers directly with the organized sector’s retailers, institutional firms, and quick commerce firms, ensuring fresher produce and better market access, ultimately
Visa, a world leader in digital payments, and the Tourism & Hospitality Skill Council (THSC), which is overseen by the Ministry of Skill Development and Entrepreneurship, Government of India have inked a Memorandum of Understanding (MoU) for a three-year collaboration with a potential value of $1 million. At a recently