UPI Hits Record 16.73 Billion Transactions in December – What’s Driving the Growth?
In a remarkable feat for India’s digital payments system, Unified Payments Interface (UPI) transactions soared to an all-time high in December 2024. The total number of UPI transactions reached a staggering 16.73 billion, marking an 8.08% increase from the previous month’s 15.48 billion transactions.
This…
Kunal Kamra Targets Blinkit CEO: The Dark Side of Quick Commerce
Comedian Kunal Kamra has been making waves on social media once again, but this time, he’s not poking fun at Ola Electric or its CEO Bhavish Aggarwal. Instead, Kamra has turned his attention to Blinkit, the popular quick commerce platform, and its CEO, Albinder Dhindsa.
In a series of posts on X (formerly Twitter), Kamra accused…
In a major move that’s set to sweeten the Indian food scene, Curefoods, a fast-growing food and beverage house, has acquired the South and West India operations of the iconic Krispy Kreme brand. Krispy Kreme, known globally for its delicious doughnuts and coffee, has been a favorite among Indian consumers, and this acquisition will allow Curefoods to expand its reach across the country.
The deal…
In a significant move within the electric vehicle (EV) sector, Kartik Hajela, the cofounder and Chief Operating Officer (COO) of Log9 Materials, has stepped down from his role at the deeptech startup. He’s now taken on the position of Director at Jupiter Electric Mobility (JEM), where he will oversee the company’s electric light commercial vehicle (e-LCV) segment. This shift comes just a…
Introduction:
India is rapidly emerging as a major player in the global smartphone market, and Apple is set to benefit greatly. According to a new report by The Economic Times, India is on track to become Apple’s third-largest market by 2026, surpassing both Japan and the U.K. This growth is fueled by a booming demand for premium devices, a surge in disposable incomes, and Apple’s growing…
Introduction: In 2024, Swiggy Instamart has proven just how much quick commerce has become a part of everyday life in India. From buying essentials like milk and groceries to splurging on gold coins and gadgets, Swiggy Instamart shoppers have been hitting some jaw-dropping numbers.
According to a new report, two high-spending users from Delhi and Dehradun together spent over ₹20 lakhs this year…
Introduction: OYO’s Travelopedia 2024 Reveals India’s Travel Trends
In OYO’s latest annual report, Travelopedia 2024, the data reveals fascinating trends in India’s travel scene. While spiritual tourism continues to attract pilgrims, it’s the bustling city of Hyderabad that has claimed the top spot as India’s most-booked city this year. Whether for leisure or work, travelers seem to…
Introduction: Nazara Expands Its Hold in the Sports Media Market
Nazara Technologies, a Mumbai-based gaming powerhouse, has just made a bold move in the sports media sector by acquiring an additional 10.26% stake in Absolute Sports. The deal, valued at Rs 72.73 crore, brings Nazara’s total stake in Absolute Sports to a dominant 81.94%.
This acquisition not only strengthens Nazara’s foothold in…
Introduction: The Billionaire’s Bold Offer
Elon Musk, the CEO of Tesla and owner of X (formerly Twitter), is known for his outlandish ideas and controversial statements. But his latest proposal has turned heads worldwide. Musk has once again offered to pay Wikipedia a staggering $1 billion — but with one unusual condition. He wants the free online encyclopedia to change its name to…
TVS Motor Acquires Majority Stake in DriveX Mobility, Strengthening Its Position in the Pre-Owned Two-Wheeler Market
In a major move to expand its reach in the growing pre-owned two-wheeler market, TVS Motor Company has significantly increased its stake in DriveX Mobility, a digital-first platform co-founded by Narain Karthikeyan, India’s first Formula One driver, and his business partner…
