Targeting India’s top 10% of consumers, FirstClub offers member-only clean-label groceries with 30-minute delivery. It is now looking to scale from Bengaluru to Delhi and Mumbai
Interestingly, Apple allows only UPI Autopay for subscriptions in India after multiple regulatory changes on credit card recurring payments caused big disruptions
Swiggy has 5.4 lakh delivery partners and an extensive footprint in food delivery, where it collaborates with over 2.5 lakh restaurants across over 700 cities.
In addition to its listing plans, the company has also appointed three independent directors – Durgesh Kumar Singh, Anil Berara, and Harita Gupta – to its board.
Moneycontrol was first to report about Lightspeed and Premji Invest leading Weaver Services’ large-ticket fundraise, exceeding $140 million, on July 28.
Wazix founder Nischal Shetty said the operations of the exchange could resume within 10 business days once the Singapore Court sanctions the scheme.
Aggarwal tells Moneycontrol that the past six months have been 'transitional', as Ola Electric phased out its Gen 2 scooters, ramped up supplies of its Gen 3 models and introduced its electric bike
Ola's Bhavish Aggarwal said that starting next quarter, the company will integrate its in-house ferrite motor technology into products to de-risk from the rare earth supply chain.
'The best companies in the world are always built in public markets... the rigour comes in from public market scrutiny,' Aggarwal tells Moneycontrol
Aggarwal said improvements in technology will drive the next growth phase, pointing to falling costs, higher ranges, and faster charging speeds.
Ola Electric CEO Bhavish Aggarwal guided Moneycontrol’s Chandra R Srikanth through the intricate cell manufacturing process, while candidly addressing questions on market share, user feedback, competitive dynamics and lessons drawn from the public markets.
Once the move to a new model is completed, Swiggy’s organisational structure will be similar to that of Blinkit, its arch-rival. The two VPs of Finance will likely report to CFO Rahul Bothra, sources told Moneycontrol.
It is likely that a higher platform fee is an experiment Swiggy is doing for large demand occassions, like festive days, where it needs to pay the fleet more and keep up with operating costs and it reverts to its old structure later. The fee has been hiked from Rs 12 earlier.
The fresh funds follow a $140 million round in March 2025 led by Partners Group and KKR, with TVG acquiring its stake through a mix of primary and secondary transactions.
Developed in partnership with Amazon Web Services (AWS), the marketplace will open in beta this September.
FIA GPT is trained on Indian financial markets and can answer queries in plain English on areas such as portfolio performance, sector exposure, stock highs and lows, options chain analysis, and order book monitoring.
Based on NMV, Blinkit had a 52 percent market share, Swiggy was number two with a market share of 25 percent and Zepto was in third place with a 23 percent market share, the data, accessed by Moneycontrol, showed.
This will mark the VC firm’s first quick commerce investment since its $500,000 seed bet in Grofers (now Blinkit) in 2014.
Deeptech, generative AI and computer vision are among the top-funded sectors in 2025, reflecting investors’ focus on specialised and high-potential applications
IMPS is often used by customers for high-value transactions, with the average value of transactions being higher than Rs 13,000 in July this year, compared to UPI's Rs 1,300
The app’s landing page, similar to that of Swiggy, has a purple backdrop. The app focuses on food items that are priced below Rs 150. In fact, most of its north Indian food items, like chapati, rice, eggs and others are all priced below Rs 100.
A 'collect request' or 'pull transaction' allows a user to request money from another user through UPI. While such person-to-person transactions are being discontinued, merchants will be allowed collect requests
Nazara's Q1 growth was led by strong performances from its recent gaming acquisitions, Fusebox and Curve Games, as well as existing titles like Animal Jam.
GoDaddy will integrate Titan’s email product into its Professional Email product, aimed at small businesses and entrepreneurs.
The firm's revenue from operations rose 7 percent year-on-year (YoY) to Rs 595.3 crore in Q1, up from Rs 554 crore last year, and Rs 533.5 crore in the previous quarter.
