Page 3 - Peerzada Abrar

Quick commerce becomes the new battleground as festive season approaches

The race for speedy delivery gathers pace for the festival season as quick commerce firms expand beyond metros

On AI, we are Navy SEALs, never the army: Publicis Sapient CEO Nigel Vaz

Publicis Sapient CEO Nigel Vaz on why his company skipped the low-cost, headcount-driven model that built India's IT industry, and bet on AI instead

Indian founders account for $560 billion of company value abroad

Founders who grew up in India account for $560 billion of founder-share-attributed value across 205 current and former unicorns abroad, Prosus and Dealroom find

For India's ecomm players, the new race is to deliver iPhones in minutes

Bigbasket delivered more than five iPhone 18 Pro and Pro Max devices a minute after sales opened as quick-commerce firms expand beyond everyday essentials

Meesho's Valmo helps 10,000 delivery partners file income tax returns

The programme has helped partners claim Rs 2 crore in refunds, with nearly 70 per cent of those who initiated income tax return filing being first-time tax filers.

Practo names Jagnoor Singh CEO, Shashank ND Singh executive chairman

The leadership reshuffle comes as Practo grows 40 per cent year-on-year and remains profitable, while expanding in the UAE and US and investing in artificial intelligence.

An 11-year bet on rented sofas pays off for Accel as RentoMojo lists

RentoMojo shares jumped nearly 19% on debut as Accel, the platform's earliest institutional backer, sold about ₹317 crore of stock, the single largest stake in the IPO

Flipkart creates over 250,000 festive jobs as ecommerce demand rises

Nearly 75,000 opportunities are for first-time workers, as the Walmart-owned company expands its delivery network with 900 new hubs

Amazon Now hits $1 bn annualised gross sales as quick-commerce battle grows

Amazon's instant-delivery service has expanded to more than 60 cities in less than 10 weeks and is on track to reach 100 cities by Diwali, intensifying competition

Amazon announces operations network expansion ahead of festive season

Amazon has opened 20 fulfilment centres, six sort centres and 150 delivery stations, expanding storage capacity by 50 per cent and strengthening its reach beyond metros.

Brics bets on AI, startups as India pushes innovation-led growth agenda

Brics summit commits to AI governance, a proposed startup fund, and highlights India's AI Impact Summit and financial-hub initiatives as the bloc courts founders and investors across the Global South

Ecom firms may face higher compliance burden under new consumer rules

Amended rules require greater disclosure on pricing, search results, dark patterns and product information, with companies given until January 2027 to comply

Flipkart Minutes quadruples business as quick-commerce battle intensifies

Flipkart's quick-commerce arm has expanded to nearly 1,200 micro-fulfilment centres across more than 150 cities as competition in instant delivery intensifies

OfBusiness deepens manufacturing across metals, chemicals and apparel

Tapping value-added production opportunities may boost supply-chain control and margins; owned capacity now spans over 40 products and direct headcount has crossed 35,000

QNu Labs raises ₹200 crore as demand for quantum-safe security builds

The funding will support technology development and global expansion as governments and enterprises prepare for a shift towards quantum-safe cybersecurity infrastructure

Kuku Technologies plans 1,000 hires for AI-powered content production

The mobile-content company is building an AI-native production unit to cut costs and accelerate the creation of micro-dramas for India and global markets

India's ecommerce market looks at AI to drive next leg of growth

Executives says customer relevance, responsive supply chains are key

Amazon India seller base tops 2 million ahead of festive season

More than 300,000 sellers joined the marketplace in the 15-18 months as Amazon lowers fees and expands AI tools and fulfillment services

Udaan buys Swiggy's LYNK for ₹500 cr as e-commerce firm readies for IPO

As part of the transaction, Swiggy will acquire about a 2.8 per cent stake in Udaan and invest Rs 75 crore in parent entity TIPL for an additional 0.4 per cent stake

Gaja Capital's next bet is India's AI stack, from Fractal to Sarvam AI

Chief executive officer and managing director Gopal Jain is backing firms from Fractal Analytics to Sarvam AI, calling artificial intelligence a 'five-layer cake'