Empowering Uber’s Driver Partners: The Launch of Uber Pro in India
Uber Pro is structured around four tiers: Blue, Gold, Platinum, and Diamond, with Diamond being the highest. Drivers start at the Blue tier and can progress to higher tiers by earning points from completed trips and meeting specific performance criteria, such as maintaining high app ratings and minimizing trip cancellations.
From Rejection to Approval: Zaakpay’s Journey to Becoming an RBI-Approved Payment Aggregator
Zaakpay’s journey to obtain this approval was challenging and spanned over two years. MobiKwik initially applied for the PA license for Zaakpay in 2021, but the application was denied by the RBI.
LEAP AHEAD: Fueling India’s Tech Startups with Funding and Mentorship
The initiative provides up to ₹1 Crore in funding, along with mentorship and global connections to assist tech startups.
Xtreme by Zomato: A Game-Changer for Small and Medium-Sized Businesses in India’s Logistics Sector
Zomato has reported a net profit of Rs 2 crore for the quarter ending in June 2023, a significant improvement from the Rs 186 crore loss the previous year.
Zomato Rides the Rails: A Strategic Partnership with IRCTC
The partnership was unveiled as a Proof of Concept (PoC) at five key railway stations: New Delhi, Prayagraj, Kanpur, Lucknow, and Varanasi. This initiative allows passengers to pre-order meals through the IRCTC E-Catering portal, with Zomato assisting in the supply and delivery.
Bengaluru’s Female Founders: Leading India’s Startup Revolution
Bengaluru has emerged as the leading city in India for women-led startups, hosting 1,783 such enterprises. This makes it the top destination for women entrepreneurs in the country, surpassing Mumbai and Delhi, which have 1,480 and 1,195 women-led startups respectively.
Faster Speeds, Better Coverage, Lower Latency: Nokia and TATA Play Fiber Bring WiFi6 to India
Under the agreement, Nokia will supply Tata Play Fiber with an array of fiber-to-the-home (FTTH) and Wi-Fi equipment to support the broadband network expansion across India. This includes Optical Line Terminal (OLT), Optical Network Terminal (ONT) with Wi-Fi 6, and Wi-Fi mesh beacons.
Chaitanya India Fin Credit Acquisition: A New Chapter in Svatantra Microfin’s Growth Story
Svatantra Microfin Private Limited’s acquisition of Chaitanya India Fin Credit Private Limited, a subsidiary of the Navi Group led by Sachin Bansal, marks a significant consolidation in the Indian microfinance sector. This strategic move, valued at Rs 1,479 crore (approximately $178 million), has positioned Svatantra as the second-largest microfinance company in India.
Zomato Empowers Women with Maternity Insurance Plan for Delivery Partners
The insurance plan offers up to ₹25,000 for natural childbirth, up to ₹40,000 for cesarean sections, and up to ₹40,000 in case of maternity complications such as miscarriage and abortion.
GIFT City IFSC Registration Opens Doors for IndiaFirst Life’s Global Ambitions
IndiaFirst Life Insurance has achieved a significant milestone by becoming the first life insurance company to receive registration within the Gujarat International Finance Tec-City (GIFT City) International Financial Services Centre (IFSC).