Quick Commerce Startup Says It Fully Cooperated With Authorities and Had No Direct Role in Advertiser Activities Quick commerce platform Zepto has clarified its position regarding an Enforcement Directorate (ED) investigation linked to offshore betting platform Parimatch, following reports that the agency had sought information from the company as part of its ongoing probe. The startup stated that it has fully cooperated with investigators and shared all information available to it regarding the matter. The development comes as Indian enforcement agencies continue to tighten scrutiny of offshore betting and gaming platforms that allegedly target Indian consumers through digital channels. While…
Author: Aman Atulya
Hardeep Singh Puri Unveils High-Ethanol Fuel as India Expands Alternative Energy Push India has officially launched E85 fuel, a petrol blend containing 85% ethanol and 15% petrol, marking a major step in the country’s transition toward cleaner and domestically produced transportation fuels. Union Petroleum and Natural Gas Minister Hardeep Singh Puri launched the fuel at an Indian Oil outlet in New Delhi as part of the government’s broader flex-fuel mobility strategy. The launch aligns with India’s efforts to reduce dependence on imported crude oil, strengthen energy security, and create additional demand for domestically produced ethanol. E85 fuel is specifically designed…
The Government of India has appointed economist Neelkanth Mishra as the country’s next Executive Director at the World Bank, strengthening India’s representation at one of the world’s most influential multilateral financial institutions. The appointment was approved by the Appointments Committee of the Cabinet (ACC) and will be for a period of three years from the date he assumes office. Mishra will succeed Parameswaran Iyer, whose tenure has been extended temporarily to ensure a smooth transition and continuity in India’s engagement with the institution. The move comes at a time when global economic uncertainty, infrastructure financing needs, and development priorities are…
Government Steps In as West Asia Crisis Drives ATF Price Volatility The Union Cabinet has approved a one-time budgetary support package of ₹10,000 crore to help stabilise Aviation Turbine Fuel (ATF) prices, providing relief to airlines and oil marketing companies (OMCs) grappling with rising fuel costs amid the ongoing West Asia crisis. The decision comes as disruptions in global energy markets and supply chains have pushed aviation fuel prices higher, increasing operational costs for airlines and raising concerns about airfare inflation. The government’s intervention aims to reduce the impact of fuel price volatility on the aviation sector while ensuring continued…
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India’s beauty market was once dominated by either chemical-based cosmetics or traditional Ayurvedic products that lacked premium appeal. While Ayurveda had centuries of credibility, very few brands had successfully transformed it into a luxury experience for modern consumers. How Did Mira Kulkarni Rebuild Her Life After Personal Setbacks? At the age of 20, Mira Kulkarni chose marriage over higher education. Life, however, took an unexpected turn. Her marriage ended in divorce, leaving her to raise two children alone. By the age of 28, she had also lost both her parents. To support her family, she rented out part of her…
PRISM, the parent company of hospitality technology firm OYO, has received approval from the Securities and Exchange Board of India (SEBI) for its proposed initial public offering (IPO), marking a significant step in its renewed public market ambitions. The company had confidentially filed its draft red herring prospectus (DRHP) in December 2025 after securing shareholder approval to raise up to ₹6,650 crore through a fresh issue of equity shares. According to sources, the offering could value PRISM between $7 billion and $8 billion. Company Prepares for Next Phase of Listing Process Following the approval, PRISM is expected to file an…
India’s education sector has witnessed rapid digital transformation over the last decade. Schools adopted learning apps, management software, communication tools, and online assessment platforms at an unprecedented pace. Yet for many institutions, technology created a new problem: fragmentation. Teachers were juggling multiple systems. Parents struggled to track information across different platforms. Administrators spent valuable time managing operations instead of improving outcomes. The issue was not a lack of technology. It was the lack of integration. This challenge became the foundation for Simplora, founded by Shivanshu Gupta Arvind. What Led Shivanshu Towards Entrepreneurship? Shivanshu’s interest in building started early. While others…
Why Did The Founders Start Sweet Karam Coffee? India’s packaged food market has expanded rapidly over the last decade, but much of that growth has been driven by products loaded with preservatives, palm oil, and artificial ingredients. At the same time, authentic South Indian snacks remained fragmented and difficult to access beyond local markets. Sensing this opportunity, Nalini Parthiban, Anand Bharadwaj, Veera Raghavan and Srivatsan Sundararaman launched Sweet Karam Coffee in 2015 from a home kitchen in Chennai with an investment of just ₹2,000. Their mission was simple: bring traditional South Indian flavors to modern consumers while preserving authenticity and…
India’s National Payments Corporation of India (NPCI) reported another milestone for the Unified Payments Interface (UPI), with both transaction volume and value reaching record levels in May 2026. According to NPCI data, UPI processed 18.68 billion transactions during the month, the highest monthly volume recorded so far. The total value of transactions touched ₹29.98 lakh crore, bringing the platform within touching distance of the ₹30 lakh crore mark for the first time. Record Growth Across Payments Ecosystem The latest figures underscore UPI’s growing role as the backbone of India’s digital payments infrastructure. On a daily basis, the platform handled an…