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Myntra Expands Quick Delivery Service M-Now To Delhi NCR & Mumbai

Fashion ecommerce platform Myntra expands its quick delivery service M-Now to Delhi NCR and Mumbai after piloting it in Bengaluru last November.
The expansion is supported by a network of over 40 dark stores in Bengaluru, Delhi NCR, and Mumbai, each capable of storing about 25,000 products.
Myntra's M-Now feature on the app offers delivery of products from various brands like Levi’s, USPA, MANGO, Jack & Jones, and more.
Additional brands like Marks & Spencer, Snitch, Pantaloons, Decathlon, and YSL have been added to the quick delivery feature.
Product categories such as t-shirts, dresses, jeans, kurta sets, lipstick, perfumes, etc., are available under the M-Now feature on Myntra.
Myntra's chief business officer Sharon Pais expressed commitment to exceptional customer experiences with the expansion of M-Now to Mumbai and Delhi.
The move comes as businesses across sectors experiment with quick delivery services to enhance customer experience and retain market share.
Competitors like Nykaa, Slikk, and NEWME have also entered the quick commerce segment to offer faster deliveries in the e-lifestyle industry.
Myntra achieved profitability in the fiscal year 2023-24, with a net profit of INR 30.9 Cr compared to a loss of INR 782.4 Cr in the previous year.
Its revenue from operations in FY24 was INR 5,121.8 Cr, showing a 15% increase from the previous year.

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Foxconn Plans New Tamil Nadu Unit To Manufacture iPhone Enclosures: Report

Foxconn plans to manufacture iPhone enclosures in Tamil Nadu, India, with a new unit at the ESR Industrial Park in Oragadam.
The company aims to deepen its presence in the country and is also expanding its display module assembly plant at the same industrial park.
Tata Electronics is increasing iPhone enclosure production at its Hosur facility, targeting 100,000 units.
Foxconn intends to ramp up iPhone manufacturing in India, with a goal of producing 25-30 million units this year, doubling its prior capacity.
The company acquired a 300-acre plot near Bengaluru airport in 2023 for INR 25,000 Cr for future projects.
Foxconn has been in talks with Tamil Nadu government to establish a 200-acre manufacturing unit for expanding its battery business.
The Union cabinet approved a JV between HCL and Foxconn to set up a semiconductor unit in Noida, with a cumulative investment of INR 3,700 Cr under the India Semiconductor Mission.

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Medium

345

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Navigating the Startup Journey: How to Achieve Product-Market Success

David Hirschfeld, CEO of Tekyz, shares insights on common pitfalls B2B software startups face and strategies for achieving product-led growth, emphasizing early product-market fit validation and pre-launch sales.
Hirschfeld highlights the importance of falling in love with the problem, not the solution, and warns against freemium models for startups, advocating for charging for core value from the start.
His 'Launch First' methodology prioritizes a narrow early adopter niche, high-fidelity prototypes, and pre-launch sales to validate product-market fit through revenue generation.
He distinguishes between product solution fit and product-market fit, emphasizing sales validation for the latter.
Tekyz offers comprehensive development services, focusing on problem-solving and understanding customer pain points through a data-driven approach.
Hirschfeld advises founders to understand early adopters, focus on problem statements, leverage pre-launch sales, and prioritize product solution fit for successful product launches.
The discussion provides valuable insights for B2B startups and emphasizes the importance of problem-centric development, strategic go-to-market approaches, and early validation.
David Hirschfeld shares practical advice for achieving product-led growth and can be contacted at [email protected] or on LinkedIn for further insights.
Tekyz plans to launch two AI applications: one for automating the Launch 1st Methodology Niche Analysis and Estimiz, an AI-based project estimation tool.
Outside work, Hirschfeld enjoys golfing and woodworking, showcasing a well-rounded persona beyond his professional endeavors.
For more information about Tekyz's AI services and David Hirschfeld, visit tekyz.com or connect with him on LinkedIn.

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Medium

239

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Node.js SMS Integration Made Easy

Node.js SMS integration made easy with cheaposms.com API services.
Sending SMS from a Node.js application using a provided piece of code.
The code can be named app.js and requires the destination phone number.
Run the script on the command line to send the SMS.
Status response 'SMS Queued successfully' confirms the message has been sent.
Features include sending and receiving messages, support for multi-part SMS.
Simple scheduling of SMS messages is also supported.
Visit www.cheaposms.com for more information.
Developed in America for businesses, offering streamlined customer interactions.
The developer provides ways to stay connected and follow their work.
Links to Medium, YouTube, GitHub, Udemy, and LinkedIn profiles are provided for further engagement.

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Inc42

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Is Nykaa Fashion Running Out Of Vogue?

Nykaa has seen consistent growth and profitability in its beauty and personal care segment, with revenues and GMV rising year-on-year.
In contrast, Nykaa's fashion segment struggled, closing FY25 with modest growth in GMV and revenues, facing challenges in comparison to the beauty vertical.
Analysts suggest that Nykaa Fashion is facing difficulties in a stagnant market, with larger players like Myntra dominating the fashion discovery space.
Operational challenges, high return rates, and lack of organic customer acquisition pose hurdles for Nykaa to establish itself in the fashion market.
The company's one-size-fits-all strategy and the difference in consumer behavior between beauty and fashion present obstacles to Nykaa's fashion success.
Nykaa Fashion showed signs of growth in Q4 FY25, focusing on brand partnerships, customer acquisition, and a marketplace-led model to mitigate losses.
Despite facing heavy competition from established fashion players, Nykaa continues to expand its fashion offerings to create value for investors.
Investor confidence is crucial for Nykaa, with the company potentially needing to navigate low margins and fierce competition in the fashion sector.
The next few years may be challenging for Nykaa as it balances its successful beauty business with the struggle to establish a profitable fashion segment.
Nykaa's expansion into fashion raises questions about its strategic direction and potential need for partnerships or acquisitions to succeed in the competitive fashion market.
Despite the hurdles, Nykaa's reputation in the beauty space may face challenges if its foray into fashion dilutes its brand perception and premium positioning.

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Economic Times

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Insurtech firm Renewbuy bags $10 million from Apis, 360 One

Renewbuy, an insurtech firm, secures $10 million funding from Apis Partners and 360 One.
The funding round is aimed at aiding business development during the ongoing merger with InsuranceDekho.
Renewbuy did not respond to ET queries regarding the funding.
InsuranceDekho is looking to acquire Renewbuy, valuing the startup at $300-350 million.
The acquisition aims to create a billion dollar merged entity in the insurance broking sector.
The deal is pending approval from the Insurance Regulatory and Development Authority of India.
Renewbuy plans to utilize the funds for business operations and expansion in the interim period.
Since its inception in 2014, Renewbuy has raised $141 million from investors like Dai-ichi Life Insurance, Apis Partners, and Lok Capital.
As of June 2023, Renewbuy was valued at around $324 million.
Renewbuy deals in motor health and life insurance products through physical agents.
For the financial year 2023-24, the company reported a revenue of Rs 410 crore and a net loss of Rs 114 crore.
Renewbuy competes with players like InsuranceDekho, Turtlemint, and Policybazaar in the insurance sector.

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Economic Times

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Quick commerce firms face delivery partner crunch amid rising demand

Quick commerce sector is facing challenges in hiring and retaining delivery partners amid rising demand.
New players like Amazon are entering the market, leading to a shortage of bikers for deliveries.
Recruitment platform Vahan CEO stated that hiring is becoming harder due to manpower availability not rising with demand.
Several executives and delivery partners mentioned difficulties in hiring and retaining bikers.
Disruptions by delivery partners and falling per-order payouts are making it tough for bikers to sustain their jobs.
Companies like Blinkit and Swiggy are facing a shortage of delivery partners as daily orders increase.
Delivery partners are raising concerns about incentive schemes not being honored and decreasing pay rates.
Some executives mentioned disruptions caused by group leaders during peak hours.
Workers' union pointed out grievances regarding wage guarantees, working hours, and incentives offered by companies.
Average monthly earnings of delivery partners have increased to nearly Rs 28,000 today, according to a recruitment firm CEO.
Extreme weather conditions like heatwaves and rains are further complicating delivery operations, affecting delivery partners' work.

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Siliconangle

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Healthcare technology startup Commure raises $200M ahead of IPO

Commure Inc., a healthcare technology startup, has raised $200 million in funding from General Catalyst ahead of its upcoming IPO.
The investment was made by General Catalyst's Customer Value Fund, focusing on financing sales and marketing programs.
Commure had previously raised $500 million from investors like Nvidia Corp. and Y Combinator.
The funding will help accelerate the company's reach in the U.S. healthcare system.
Commure offers multiple software products for healthcare organizations, with applications used by over 130 health systems in the U.S.
Their technology includes AI-driven solutions like Ambient AI that automate tasks such as generating medical notes and recording patient interactions.
Ambient AI can automatically generate medical codes from medical notes, streamlining clinical datasets.
Commure's software products also include AI agents for contact center teams to automate patient interactions.
The company's offerings range from managing billing tasks to creating self-service portals for booking doctor's appointments.
Commure reported generating over $200 million in annual revenue, aiming for positive cash flow by 2026 and planning an IPO in 2027.
Before the IPO, Commure may raise another funding round and launch a tender offer for investors.

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Gritdaily

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Art for Everyone: Cassie Greatens’ Work in Art Consultation and Management

Cassie Greatens, co-founder of CASS Contemporary, began her art journey over a decade ago, growing from an art gallery to a full-service art consulting and management company.
Her unconventional path involved a deep love for various art forms and inspiration from her artist husband, Jake.
Greatens focuses on democratizing art, emphasizing that art is for everyone and plays a pivotal role in running CASS alongside her husband.
She oversees business aspects like PR, marketing, finances, and client relationships, contributing to the gallery's diverse clientele and notable projects.
CASS Contemporary engages in art curation for residential and commercial spaces, commissions public art murals, and collaborates with renowned artists.
Greatens cherishes helping first-time art buyers fall in love with art and witnessing CASS's growth and impact over the years.
Her personal joy extends to seeing her children embrace and appreciate art, reflecting a family immersed in creativity.
Through her passion for art, Greatens drives CASS Contemporary's success in art consultation, curation, and fostering artistic connections.
Her dedication to sharing the value of art with others transcends into both her professional endeavors and family life.
Despite challenges, Greatens' commitment to making art accessible and meaningful shines through her work with CASS Contemporary.

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Medium

389

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Do This to Make a Game That Doesn’t Flop (From Experience)

Focus on making your mobile game fast, PC game freedom, and HTML5 game hustle.
To succeed in the competitive entertainment industry, deliver a powerful and engaging experience to capture people's attention.
Strive for easy-to-understand gameplay; if players can't grasp it in 30 seconds, consider revising.
Welcome criticism and feedback as an opportunity to learn and improve in game development.
Prioritize perseverance, energy, and a curious mindset over formal courses in game development.
Avoid changing game engines midway through a project to maintain clarity and efficiency.
Simplify your game development by focusing on essential elements and avoiding complex cutscenes.
Create a condensed version of your dream game with a captivating core loop to keep players engaged.
Ensure your game offers rewards, upgrades, or high scores to stimulate player engagement.
Set clear goals for your game project, whether for fun, fame, or financial success.
Honesty with oneself regarding the purpose and expectations in game development is crucial for managing outcomes effectively.

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Inc42

182

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Elevation Capital Again Dumps ixigo Shares In INR 97 Cr Block Deal

VC firm Elevation Capital sold over 53.98 Lakh shares of ixigo in a block deal worth INR 97.44 Cr.
The shares were sold at INR 180.50 apiece, slightly lower than the last closing price of INR 180.65.
Schroder International Selection Fund Asian Total Return acquired 53.69 Lakh shares for INR 96.9 Cr.
Elevation Capital holds a 14.02% stake in ixigo's parent company, Le Travenues Technology Ltd.
This is the second recent stake sale by Elevation Capital, following a May deal worth INR 38.27 Cr.
Ixigo shares have seen an upward trajectory, increasing by 31.56% in the last three months.
The OTA's consolidated net profit surged by 127% to INR 16.8 Cr in Q4 FY25.
Operating revenue also grew by 72% to INR 284.1 Cr in the same quarter.
Ixigo, founded in 2007, transitioned from a travel search website to an OTA offering various ticket booking services.
Last month, ixigo halted bookings to Turkey and Azerbaijan in support of Pakistan during its conflict with India.
Ixigo shares closed 2.55% lower yesterday at INR 176.05 on the BSE.

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Medium

186

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90% startups don’t need to fail: venture studios like us can help

Venture studios help build new businesses by defining problems, finding opportunities, funding, and providing hands-on support.
Startup failure rates are often attributed to timing, team quality, idea execution, and occasionally lack of funding.
Venture studios aim to address failure points by investing in rigorous analysis, assembling skilled teams, and providing technical and operational support.
These studios are designed to help startups succeed by focusing on market and problem analysis, product development, fundraising, and operational tasks.
They are patient and offer long-term support compared to traditional startup programs.
Venture studios have shown higher success rates, faster funding rounds, and increased investment returns compared to traditional support models.
Studio-supported startups have raised more funds, reached Series A faster, and delivered higher investment returns.
Despite positive statistics, the effectiveness of venture studios can vary and needs to be continuously evaluated.
Startup founders in Southern Africa can be part of the venture studio model to increase their chances of success.
By providing the right support, venture studios aim to change the narrative of high startup failure rates and increase success stories.

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Medium

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Reflections from Vibe Coding

The author shares their experience with vibe coding and creating an AI-powered career simulation platform called Navlyn.
Navlyn aims to help Indian students understand and explore deep tech career roles more effectively.
The platform was developed with a budget of $50 over one month, focusing on leveraging AI storytelling for career simulations.
The author discusses the key steps and challenges faced in building the platform.
They emphasize the importance of well-described prompts and single-step instructions for better outcomes.
Issues with narration creation and integrating different APIs are also highlighted in the article.
Despite initial hesitations, the author found joy in independently developing Navlyn and iterating on the concept.
Vibe coding platforms are praised for providing a space for non-tech individuals to explore AI integrations and innovate.
The article encourages embracing fast failures and taking the leap to bring 'cool' ideas to life.
Overall, the narrative captures the journey of a non-coder creating a tech-based solution and the valuable insights gained along the way.

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Hitconsultant

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Commure Raises $200M to Accelerate AI-Powered RCM Platform

Commure, an AI healthcare technology company, secures $200M in growth financing from General Catalyst’s Customer Value Fund to meet the surging demand for its AI platform.
The funding will be used for product innovation and implementation to help health system clients deploy the technology effectively for clinical and financial impact.
Commure serves over 130 health systems, supporting hundreds of thousands of clinicians and powering billions of dollars in annual revenue cycle automations.
The company's solutions include ambient documentation and workflows, AI-powered RCM, and a practice management OS.
The AI technology aims to improve documentation quality, automate billing workflows, and enhance patient engagement.
The funding will enable Commure to expand its reach in the U.S. healthcare system with a focus on performance.

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Inc42

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Starlink Needs To Get Couple Of More Approvals From DoT: Telecom Secy

Satcom operator Starlink needs a few more approvals from India's telecom department (DoT) before commencing operations in the country.
The company has already received approval for commercial operations but requires additional approvals for spectrum, testing, and security compliance.
Communications minister announced that Starlink has obtained an unnamed license from the ministry, making it the third licensed satcom company in India.
Amazon Kuiper's application for a satcom license is still pending approval and is said to be a little distant from the approval stage.
The government is yet to finalize a policy on spectrum pricing and is reviewing TRAI's recommendations on satcom spectrum norms.
Indian conglomerates like Bharti Airtel and Reliance Jio, as well as global giants like Amazon and Apple vendor Globalstar, are vying for satcom licenses in India.
Bharti Airtel and Jio Platforms have partnered with SpaceX to offer Starlink's broadband internet services in India.
Vodafone Idea (Vi) recently announced a partnership with AST SpaceMobile to provide direct-to-device satellite broadband services, enabling internet access on standard smartphones in areas with coverage gaps.
Telecom Technology Development Fund (TTDF) Symposium 2025 revealed that over 1,300 proposals have been received for R&D funding, with 120 projects approved receiving INR 500 Cr in funding.
TTDF, launched in 2022, aims to support indigenous R&D projects in telecom focusing on 6G, AI, IoT, non-terrestrial network solutions, quantum-enabled communication systems, and more.

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