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    [The Turning Point] Why two friends decided to start a milk revolution in non-metro towns with dairy startup Puresh Daily

    It was a moment straight out of Shahrukh Khan-starrer Swades. Manish Piyush, an IIM graduate, who had worked in 14 countries was visiting his hometown Ranchi when he realised the problem: the lack of focus on non-metro towns, especially in his state, Jharkhand.“People want to solve urban problems, but not many are...

    • 7 min ago
  • Your Story

    Indian economy claws back faster than expected in Q2; GDP contraction at 7.5 pc

    India's economy recovered faster than expected in the September quarter as a pick-up in manufacturing helped GDP clock a lower contraction of 7.5 percent, and held out hopes for further improvement on consumer demand bouncing back.The GDP had contracted by a record 23.9 percent in the first quarter of 2020-21 fiscal (April 2020 to March 2021) as the coronavirus...

    • 9 hrs ago
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    [Weekly funding roundup] VC investments cross half-a-billion-dollars; Cars24 enters the unicorn club

    The last week of November brought upbeat news for the Indian startup ecosystem, as venture funding crossed $500 million, with unicorns continuing to attract investors interest. The total funding for the week stood at $501 million across 23 deals, of which 15 transactions were in the early-stage, followed by five in growth, and three in late stage....

    • 10 hrs ago
  • Your Story

    How to imbibe a digital-first culture in your organisation

    According to International Data Corporation (IDC), businesses around the world are expected to spend nearly $2.1 trillion by 2021 on digital transformation, including investments in mobility, data, and cloud computing, among other technologies. There's no denying that digital is revolutionising the way businesses operate and succeed, especially at a time when they were forced to move to...

    • 12 hrs ago
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    Govt allows cab aggregators to charges drivers 20 percent commission; surge pricing to 1.5 times of fare

    The Union Ministry of Road Transport and Highways has issued fresh guidelines for the cab aggregators like Ola, Uber where it has capped the commission charges of these operators to 20 percent of the total fare. It has also put the cap on the surge pricing to 1.5 times of the base fare.The key highlightsThe Aggregator shall be permitted to...

    • 13 hrs ago
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    [Funding alert] Made in India Kaagaz Scanner raises funding from Pravega Ventures, Axilor Ventures, and others

    Kaagaz Scanner, an Indian document scanning and storage app, on Friday said it has raised $575,000 in a funding round led by Pravega Ventures alongside Axilor Ventures, Better Capital. A few prominent angel investors, including Phanindra Sama, Founder of RedBus; Farooq Adam, Founder of Fynd; and others also participated in the...

    • 14 hrs ago
  • Your Story

    SUN Mobility appoints former MD of Bharti Infratel DS Rawat as India CEO

    Electric vehicle solutions firm SUN Mobility on Friday said it has appointed Devender Singh Rawat as its India CEO.Rawat will be responsible for accelerating the company's business growth and expansion plans in the country."With 25 years of world class leadership experience driving complex telecom businesses, scaling infrastructure rollouts and managing regulatory...

    • 14 hrs ago
  • Your Story

    Hyderabad-based pharma company Hetero to produce 100 million doses of Russia's Sputnik V vaccine in India

    In a latest update in the COVID-19 vaccine scenario, the Russian Direct Investment Fund (RDIF), Russia's sovereign wealth fund, has announced that it has joined hands with Hyderabad-based pharmaceutical company Hetero, through its biologics arm “Hetero Biopharma”, to produce over 100 million doses per year in India of the...

    • 14 hrs ago
  • Your Story

    Ecommerce sales touch $8.3B during festive season; reports 65pc growth: report

    The just-concluded festive season turned out to be very positive for the Indian ecommerce industry, which includes the likes of Flipkart and Amazon, recorded around 65 percent growth as compared to the previous year. According to a new report published by consulting firm RedSeer's, the gross ecommerce sales, starting from mid-October till November, touched $8.3 billion...

    • 15 hrs ago
  • Your Story

    Black Friday Sale 2020: Top smartphone deals you don't want to miss

    Its a deal season on ecommerce platforms like Amazon and Flipkart have kicked off 'Black Friday' sale this week. And, smartphones are in the spotlight of these deals, featuring Apple, Samsung, Xiaomi, and many more.Mi 10 5G Xiaomi is offering huge discounts on its latest smartphones. On Amazon, you can see that Xiaomi is offering Redmi Note 9 Pro at Rs 14,999 instead of Rs...

    • 16 hrs ago

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