Revenue grew to Rs 610 crore in Q1 FY25, up by 52 per cent year-on-year (YoY) while net profits stood at Rs 7.2 crore, up by 41 per cent YoY Airtel Payments Bank today unveiled its consolidated results for the first quarter ended on 30 June 2024. For the first time, the bank’s quarterly revenue […]
Gen Z leads ecommerce adoption as tier 2 and beyond cities show significant growth Meesho has released the first edition of its ‘Smart Shopper Report’, providing an analysis of online shopping trends in the first half of 2024. This report highlights the shifting habits and preferences of mass consumers, who now represent 80 per cent […]
Daily orders peak at 4,30,000; new auto components category launched, bolstering diverse service offerings The Open Network for Digital Commerce (ONDC) continued its growth trajectory in July 2024, recording 12 million orders across various categories, with daily orders reaching 4,30,000. The network currently comprises over 6,38,000 sellers and service providers, operating in more than 609 […]
During the last nine years, the company has invested Rs 3,500 crore to bolster its manufacturing capabilities and infrastructure within the country Vivo is set to enhance its focus on increasing local value addition in the smartphones it manufactures in India. In a significant milestone, Vivo disclosed that it has manufactured 150 million smartphones in […]
MakeMyTrip’s FY25 business sees 31.4 per cent revenue growth amidst booming travel sector MakeMyTrip has reported a 12.9 per cent year-on-year increase in net profit, reaching 21.0 million USD for the quarter ending 30 June. This compares to a net profit of 18.6 million USD during the same period last year Q1 FY24. The company’s […]
General trade achieved 92 per cent growth and the number of WAAS (Water-as-a-Service) subscribers rose by 51 per cent vis-à-vis last year Livpure reported a 45 per cent growth across all business segments in its Q1 FY25 after reporting 50 per cent growth in Q1 FY24. The Q1 results reveal growth across various sales channels […]
Talking about the challenges and opportunities in the Indian tech industry, he says, ‘’With the AI era coming into the picture, the hardware is comparatively ready for AI compared to the software.” India is well known for it’s software industry which is supported by many software engineers. Multinational companies set up their labs and offices […]
The smart ring features fitness challenges, 5ATM dust, water and splash resistance, heart rate and SpO2 monitoring, sleep and stress monitoring and camera control BoAt has unveiled its new health and fitness tracker, the ‘boAt Smart Ring Active’. The product aims to make advanced health tracking accessible. With a stainless-steel design, featuring a magnetic charging […]
The store will offer a collection of laptops, desktops, monitors, gaming devices, Acerpure’s consumer electronics and appliances such as TVs, water and air purifiers, air circulator fans and a wide array of accessories from Acer Acer has announced the grand opening of its new exclusive store at Phoenix Mall of Asia in Bengaluru. This store […]
In the report ‘How Urban India Pays’, Kearney-Amazon Pay said strong adoption of digital payments in online purchases has potentially led to a permanent shift in consumer behaviours India is set to witness a doubling of retail digital payments to 7 trillion USD by 2030, driven by rapid digital adoption, according to the ‘Voice of […]
