Platform Financial News
13.01 / 10:29
markets
Citi
Manufacturing
CEO
Platform
Highways
EcoBox Industrial Parks acquires 50 acres in Chennai for 1.2 million sq ft development
EcoBox Industrial Parks, a newly formed operating platform of Logicap Advisors, backed by Alta Capital, has acquired 50 acres of land for greenfield logistic asset development in Chennai’s Mannur locality in the first land deal this year.
13.01 / 09:37
markets
Career
Platform
Strategy
PAM
social
Videos
Zara Dar, who quit PhD for OnlyFans, now uploads educational videos on Pornhub, says earnings 3 times higher than YouTube
Zara Dar, who recently left her PhD program to pursue a career on OnlyFans, revealed she posts her science, technology, engineering, and math (STEM) educational videos on Pornhub. Dar stated on social media that Pornhub provides significantly more revenue than YouTube. “People may not know this, but I publish the same STEM videos on both YouTube and Pornhub," Dar wrote. «While YouTube generally generates more views, the ad revenue per 1 million views on @Pornhub is nearly three times higher.”
13.01 / 07:39
Provident
Digital
Citizens
Platform
security
Sustainability
information
How AI and digitalisation can make India's pension schemes more accessible and efficient
India’s pension sector has historically been limited in scope, with coverage predominantly available to government employees and a small fraction of the private-sector workforce. In the past, pension services were riddled with bureaucratic challenges, requiring beneficiaries to fill in complex paperwork, endure long delays, and often travel to distant government offices to collect their pensions. These barriers were particularly significant for India’s rural population, which struggled to access pension schemes due to limited infrastructure and awareness.
13.01 / 02:57
markets
Citi
Digital
Platform
Strategy
ICE
PAM
Quick service restaurant Boba Bhai raises Rs 30 crore in round led by 8i Ventures
Boba Bhai, a quick service restaurant (QSR) brand specialising in bubble tea and other food items, has raised Rs 30 crore in a funding round led by early-stage venture capital firm 8i Ventures. The round also saw participation from Titan Capital Winners Fund, Global Growth Capital, DeVC (anchored by Z47) along with other existing investors. The funds will be used to expand its reach into new cities, enhance operations in current markets, diversify menu options, and look at new sub-brands.
13.01 / 02:55
markets
UPS
Platform
Interface
Food
Equality
India’s quick food delivery face-off: Whose data is it anyway?
Subscribe to enjoy similar stories. That successful online aggregators would loom ever larger over the small suppliers enrolled on their platforms was obvious all along. Equally foreseeable was how this would tilt power equations in favour of any big consumer interface, whose potential role as a market gateway was a big draw for its investors in the first place.
13.01 / 00:57
markets
IPO
Aware
Platform
Strategy
PAM
reports
NCLT nod for Zepto parent’s merger with Singapore unit
NCLT) has approved the merger of Kiranakart Technologies, which operates quick commerce platform Zepto, with its Singaporean affiliate entity Kiranakart Pte Ltd—a move that will help accelerate its initial public offering (IPO) plans in India this year. Zepto’s domicile flip to India will formally complete within the next 30 days, a person aware of the matter said, adding that this was one of the fastest approvals of its kind from the tribunal. “The scheme appears to be fair and reasonable and (it) is not in violation of any provisions of law and is not contrary to public policy,” the Mumbai bench of NCLT observed in its January 9 order.
13.01 / 00:57
markets
Digital
Booking
Platform
hospital
reports
travelers
Digital platforms lay groundwork to cash in on Maha Kumbh
spiritual apps, in addition to travel and hospitality, have laid the ground to capitalise on the month-long Maha Kumbh Mela that starts Monday in Prayagraj. While travel and hospitality firms reported a spike in bookings for Prayagraj from those who want to attend the festival physically, online spiritual and devotional platforms are expecting a surge in traffic coming from devotees wanting to be a part of the Maha Kumbh virtually. Digital platforms such as Sri Mandir, Vama.App and DevDham, which are looking at offering multiple remote services to enable access to devotees around the world, are anticipating a 40-50% increase in the number of app downloads and new users compared to business as usual.
13.01 / 00:09
Provident
Digital
Platform
security
Sustainability
Diversity
innovations
UPI ends 2024 on a high; industry bats for more incentives, monetisation to support growth
Subscribe to enjoy similar stories. The Unified Payments Interface (UPI) platform ended 2024 on a high, posting record transactions in December both in terms of value and volume.
12.01 / 20:59
Provident
Digital
Platform
Enterprise
folk
innovations
travelers
Over 4,000 people applied for this job listing by EaseMyTrip's IITian co-founder. Check hiring process, job role
Prashant Pitti, co-founder of EaseMyTrip, recently shared a significant milestone on LinkedIn: his 'Founder's Office' job listing for his fintech startup, Optimo, has received an overwhelming 4,344 applications. In his post, Pitti expressed his surprise, writing, «Overwhelming to see 4344 folks have applied so far to work directly with me to change India's MSME lending landscape.» While Pitti is widely known for his role in the travel industry with EaseMyTrip, this job listing is for his latest venture, Optimo, a fintech startup focused on reshaping small and medium enterprise (SME) lending. Unlike his travel company, this startup is centered around providing innovative digital solutions for MSMEs, especially through its digital property-loan product. Pitti, along with investors Blume Ventures and Omnivore VC, is committed to developing the company’s growth. The listing for Optimo’s 'Founder’s Office' positions is for their office based in HSR Bangalore, where they are actively seeking ambitious individuals with a knack for deep thinking and multiple-project management. «You will get to see & learn on how large-scale companies are built directly, while working on multiple projects at the same time,» Pitti wrote in the job description. Optimo is aiming to build an industry-changing platform, with plans to expand rapidly across India.
12.01 / 18:21
markets
UPS
Target
Digital
Platform
stars
Jio Star targets Rs 6,000 crore from Champions Trophy, IPL
Jio Star is aiming to generate ad revenue of up to ₹6,000 crore from both TV and digital platforms during the upcoming ICC Champions Trophy and Indian Premier League (IPL) 2025, according to sources familiar with the matter. The broadcaster expects to secure ad revenue of up to ₹1,500 crore from the Champions Trophy and up to ₹4,500 crore from the IPL, the sources added. Rate cards for the ICC Champions Trophy have already been released, with a detailed ad rate card for IPL expected to follow shortly. Jio Star's ad sales team is actively negotiating with advertisers for both events, prioritising the sale of Champions Trophy inventory first. The tournament is set to run from February 19 to March 9. IPL 2025 will be played from March 23 to May 25. For the Champions Trophy on Star Sports, the broadcaster is seeking ₹55 crore for co-presenting sponsorship, ₹44 crore for associate sponsorship and ₹28 crore from partner sponsors. The TV spot rate for India matches is ₹28 lakh per 10-second spot. On digital platforms, Jio Star is seeking ₹55 crore from co-presenting sponsors, ₹45 crore from powered-by sponsors and ₹25 crore from associate sponsors. CPM rates for the full tournament are ₹250 per 10-second spot and ₹500 for India matches. For Connected TV (CTV), the spot rate is ₹7 lakh for the entire tournament and ₹15 lakh for India and play-off matches.
12.01 / 18:21
12.01 / 15:37
markets
Platform
ByteDance
TikTok
prevention
Courts
Updates
When will TikTok be banned in US and can users save their data? Here’s what you can do
With over 170 million American users, the app’s uncertain future has sparked widespread concern. As the Supreme Court weighs in on the matter, here’s a detailed guide on what the potential TikTok ban could mean for users and creators, and what they can do to navigate the situation.
12.01 / 13:09
12.01 / 13:09
UPS
Platform
Remark
Experts
Inside
social
Anand Mahindra shares the secret of his social media following: 'Not here to make friends'
Anand Mahindra finally addressed the secret behind his strong social media presence. The billionaire, who commands an impressive 11.4 million on X, refuted rumours that he had an army of social media experts at his beck and call. I am often asked if I have got an office that manages my tweets. If you think my office can produce those posts, then I have got a truly fabulous team who lives inside my head!”
12.01 / 13:09
markets
Digital
Platform
Opinion
Experts
social
After helping Trump win, Elon Musk backs far-right causes in UK, EU
Elon Musk’s opinions have often landed him in controversy, but that hasn’t stopped him. Through his social media platform X, Musk has become a vocal commentator on global politics, fuelling debates and shaping narratives. His involvement in Donald Trump’s 2024 US presidential election victory highlights how he leverages X to amplify his political influence and forge alliances with key figures. In November, Trump announced that Musk would lead the Department of Government Efficiency (DOGE), alongside Indian American entrepreneur Vivek Ramaswamy. Experts believe his advisory influence could shape national and international policies, potentially benefiting his ventures, including X, Tesla, and SpaceX.
12.01 / 11:09
Platform
Align
Remark
Enterprise
RPG
voice
social
IIT professor has ingenius idea to make corporate leaders champions of work-life balance overnight
SN Subrahmanyan: pay employees who work over 40 hours a week. Taking to X on Saturday, Nirmalya Kajuri, an IIT professor, wrote, “ If India strictly implements overtime pay for 40+ hours of work per week, all the corporate bosses who are now advocating that employees work 70-90 hours a week will become the biggest champions of work-life balance.”
12.01 / 10:29
markets
UPS
Provident
Platform
Healthcare
reports
Diaper maker Nobel Hygiene eyes up to ₹200 cr in funding led by Neo Group’s investment arm
Subscribe to enjoy similar stories. Bengaluru: Nobel Hygiene, a maker of diapers, maternity pads and other such products, is in talks to raise ₹150-200 crore in a funding round led by the investment arm of Neo Asset Management, three people familiar with the matter told Mint. The company plans to use the funds for expansion, one of them said, without providing more details on the valuation.
12.01 / 09:07
UPS
Twitter
Platform
Celebrity
inclusion
Flipkart puts all iPhones on sale: iPhone 16 at Rs 63,999, iPhone 14 at Rs 46,999 — top deals
Flipkart Monumental sale 2025 has been announced ahead of India’s Republic Day celebrations. Though the sale starts from January 14, Plus and VIP members are eligible for “12 hours early access,” Flipkart has announced. The Walmart-owned e-commerce platform will put up all iPhones—that are currently available for sale in India—on discount during the period.
12.01 / 08:59
UPS
Provident
Platform
Action
reports
rights
For hassled homebuyers, an additional layer of protection from delays, hidden charges, substandard construction
Subscribe to enjoy similar stories. New Delhi: For homebuyers facing issues such as construction delays, substandard construction or hidden charges in apartment sales, India’s consumer protection watchdog is ready to take up the cudgels on their behalf. India’s Central Consumer Protection Authority plans to collaborate with the Real Estate Regulatory Authority (Rera) to help homebuyers file complaints, seek compensation, and address unfair contracts with developers, according to two officials familiar with CCPA’s plans.
12.01 / 08:11
markets
Digital
Platform
Strategy
Experts
PAM
social
Adani Group plans Rs 75,000 cr investment in Chhattisgarh, CM Vishnu Deo Sai says after meeting Gautam Adani
Adani Group has committed investments worth Rs 75,000 crore in Chhattisgarh in sectors ranging from power, cement, education, health, skill, and tourism, announced the state's Chief Minister's Office. This comes after Chhattisgarh Chief Minister Vishnu Deo Sai and Adani Group Chairman Gautam Adani had a meeting. CMO Chhattisgarh in post on social media platform X said that the Chairman of the Adani Group announced a planned investment of Rs 60,000 crore to expand the group's power plants in Raipur, Korba, and Raigarh. This expansion is expected to enhance Chhattisgarh's total power generation capacity by an additional 6,120 MW.
12.01 / 07:35
markets
Provident
Digital
Platform
Strategy
Experts
PAM
PM Modi visits exhibition at Viksit Bharat Young Leaders Dialogue
Viksit Bharat Young Leaders Dialogue 2025 at Bharat Mandapam. During his visit, PM Modi interacted with the participants and saw their projects. The Department of Youth Affairs successfully kicked off the two-day Viksit Bharat Young Leaders Dialogue at Bharat Mandapam, New Delhi On Saturday. The event began with a grand inaugural session attended by Union Minister Mansukh Mandaviya, Union Minister of State for Youth Affairs & Sports Raksha Khadse, Anand Mahindra, Palki Sharma, S Somnath, Pawan Goenka, Amitabh Kant and Ronnie Screwvala. The ceremony opened with the traditional lighting of the lamp, followed by a floral tribute to Swami Vivekananda, whose enduring ideals continue to inspire the nation's youth.
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