Page 14 - Udisha Srivastav

Oyo to expand to 300 cities by FY26, eyes doubling booking revenue

Oyo aims to increase its booking revenue share from company-serviced hotels from 22 to 44 per cent while expanding to over 300 Indian cities by the end of FY26

Namma Yatri hits 100 million rides, enables ₹1,600 cr driver earnings

Namma Yatri achieves a landmark 100 million zero-commission rides, generating Rs 1,600 crore for 6 lakh drivers while building an open AI-led mobility infrastructure

Uber Reserve sees 200% rise in bookings; airport drop-offs primary use case

Uber Reserve rides jump across cities with airport travel emerging as the dominant use case; bookings also spike during festivals, weddings, and long weekends

Funding in climate-tech startups cools but VCs signal a greener future

Funding in India's climate-tech startups fell from $2.4 billion in 2022 to $1.5 billion in 2024, with capital needs, scale issues and slow adoption posing key challenges

VC firm Seafund eyes up to 25 deep-tech investments, aims for follow-up too

The investments will be made over the next two to three years as part of the firm's second fund, a Category-II AIF (alternate investment fund)

Logistics startup Porter to expand to 50 cities by 2030: Pranav Goel

In the next five years, we will move from 20 lakh SMEs (small and medium enterprises) who come to the platform every month to servicing more than one crore customers, says Goel

Maharashtra FDA revokes Zepto's food biz licence in Dharavi, Mumbai

The suspension will remain in effect until the establishment achieves full compliance and receives clearance from the licensing authority, the FDA said

Nykaa Q4FY25 results: Consolidated PAT grows 193%, revenue up 24%

Strong growth in beauty, fashion, and Superstore verticals lifted Nykaa's Q4 PAT 193% YoY, while revenue rose 24% and GMV expanded 27% to ₹4,102 crore in Q4FY25

Instamart appoints Ankit Jain as senior vice president of operations

His appointment comes at a time when the company has undergone a brand revamp, marking a clear move to position Instamart as an independent brand

Consumer rights body issues guidelines for online sale of walkie-talkies

Central Consumer Protection Authority earlier sent 13 notices to various ecommerce companies for selling radio equipment, including walkie-talkies, without 'regulatory compliance'

CII Summit 2025: Startup founders urge for domestic capital, tech push

Startup leaders at the CII Annual Business Summit 2025 highlighted India's skilled talent and urged stronger domestic investment and innovation to build global tech champions

IPO-bound ed-tech firm Imarticus Learning acquires MyCaptain in ₹50 cr deal

Prior to MyCaptain, in April 2023, Imarticus Learning acquired Hero Mindmine, the training arm of Hero Group

Auxano Capital eyes final close of two funds, 3-4 exits by year-end

VC firm Auxano Capital aims to close two funds worth ₹200 crore each by end-2025 and plans 3-4 startup exits, with investments nearing ₹200 crore across 34 startups

Uber gets CCPA notice for dark pattern; Rapido, Ola also under watch

CCPA issues notice to Uber for its advance tip feature as government widens probe into dark patterns in ride-hailing apps including Rapido and Ola

Tata Digital CEO Tahilyani resigns after a year, joins Prudential

Tahilyani, who joined Tata Digital in February 2024, exits after restructuring leadership and growing the firm's financial offerings including a booming credit card base

CCPA issues notice to Uber over unethical 'advance tip' feature

Consumer Affairs Minister Prahlad Joshi says tipping must be voluntary and post-service; Uber's advance tip feature nudges users to pay before ride begins

Logistics firm Shiprocket confidentially files draft papers for IPO

Shiprocket's IPO will include a fresh issue and offer for sale; proceeds to fund tech upgrades, acquisitions, and expansion of logistics and warehousing capacity

Minus Zero unveils India's first AI-based end-to-end autopilot system

Minus Zero's vision-based autopilot system uses foundational AI models to navigate urban traffic in India, with production expected in 2 years through OEM partnerships

Uber joins ONDC to offer metro ticketing in Delhi, eyes B2B logistics

Uber plans to expand metro ticketing to three more cities by end-2025 and launch B2B logistics on ONDC, starting with food delivery and scaling to other sectors

Shiprocket plans to raise ₹2K cr-2.5K crore via confidential IPO route

Logistics unicorn Shiprocket is preparing a ₹2,000-2,500 crore IPO comprising fresh issue and OFS, with proceeds likely to go into tech, warehousing, and expansion