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Yourstory
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UPI transactions touch record high of Rs 24.77 lakh crore in March
- Transactions through UPI reached a record high of Rs 24.77 lakh crore in March.
- This marks a growth of 12.7% compared to the previous month.
- The daily transactions averaged Rs 79,903 crore, reflecting the rapid adoption and trust in digital financial solutions.
- UPI transactions in January also recorded highest numbers with 16.99 billion transactions and a value of Rs 23.48 lakh crore.
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Startup Pedia
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From Early-Mover To Market Leader: How This EV Charging Venture Is Reducing Air Pollution In India With Green Mobility Solutions
- GLIDA, formerly known as Fortum Charge & Drive India, was established in 2017 to introduce EV charging infrastructure in India, led by Awadhesh Kumar Jha.
- The venture faced regulatory challenges initially, as selling electricity required a license in India, but it was clarified as an 'energy transformation service' by the government in 2018.
- GLIDA offered free charging services initially to encourage user adoption and saw substantial success, serving over 80 customers in its first year alone.
- With over 950 charging points in 38 cities and 17 states, GLIDA has become a prominent Charge Point Operator in India, focusing on four-wheelers and commercial EVs.
- GLIDA's rapid growth includes a 133% CAGR over six years, emphasizing customer-centricity, sustainability, and a user-friendly payment system.
- The company aims to expand modular charging hubs, transition to 100% green energy, and enhance charging technology to meet the increasing demand for EV charging stations.
- GLIDA's success story from combating air pollution to becoming an industry leader showcases the potential for clean mobility in India, aligning with the country's electric vehicle transition.
- As the EV charging market in India is projected to grow significantly, GLIDA is strategically positioned to capitalize on this growth by focusing on innovation and sustainability.
- With a commitment to green energy and technological advancements, GLIDA is set to contribute significantly to the evolution of electric mobility in India.
- By addressing challenges like power availability along highways and transitioning to renewable energy sources, GLIDA is spearheading the shift towards environmentally sustainable transportation.
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Gritdaily
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Len Curtis: Proving It’s Never Too Late to Build Wealth and Make an Impact
- Len Curtis has built a successful career in the financial industry, focused on helping others.
- After witnessing pastors and leaders reaching retirement without financial security, Len was motivated to make a difference.
- At 73 years old, Len is proving that age is not a barrier to success.
- He aims to leave a legacy of reinvention and resilience, showing that it's never too late to start over and succeed.
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Medium
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Quantum Finance Isn’t Here Yet — But the Narrative Is
- Quantum finance, although still out of reach, is gaining attention from various industries.
- Quantum hardware remains unstable and most algorithms are still in controlled lab environments.
- Research in quantum finance is exploring the use of quantum principles to improve financial models and pricing accuracy.
- Critics suggest that some quantum phenomena in finance could potentially be modeled without invoking quantum randomness.
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Gritdaily
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Booker Brown: Turning Challenges Into Opportunities for Financial Transformation
- Booker Brown, with a background in education and a commitment to service, transitioned to the financial services industry to help others avoid financial struggles.
- He aims to provide personalized solutions to clients, eliminating unnecessary fees, minimizing taxes, and safeguarding retirement investments.
- Booker aspires to build a team of professionals who share his passion for empowering others and making a lasting impact.
- His ultimate goals include achieving financial independence, supporting his church and community, and leaving a legacy of respect and integrity.
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Medium
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AI-Generated Ghibli Art: A Shortcut or a Creative Injustice?
- AI-generated Ghibli art blurs the line between human-made and machine-made art.
- Hayao Miyazaki believes that true artistry lies in human touch and sees AI-generated animation as an 'insult to life itself.'
- AI lacks the storytelling soul and emotional depth that make art truly impactful, like in Studio Ghibli films.
- Artists and designers can use AI as a collaborative tool to assist with brainstorming and rapid prototyping.
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Inc42
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Can Kiko Live Help Kiranas Strike Back At Quick Commerce Giants?
- Quick commerce giants like Blinkit, Zepto, and Swiggy Instamart are facing challenges with widening losses and slowing down of operations as costs soar.
- BofA Securities downgraded ratings for Zomato and Swiggy due to growth concerns and mounting losses in the quick commerce sector.
- Kiko Live, founded by Alok and Neeta Chawla, aims to empower small retailers like kiranas by digitizing their businesses.
- Kiko Live facilitates the setup of online storefronts for retailers, connects them to buyer apps, and integrates with local distributors for faster deliveries.
- Alok Chawla, with experience in payments and retail, identified the struggle of small retailers during the pandemic and founded Kiko Live to address their needs.
- Kiko Live raised $4.08 Mn from investors like venture catalysts, 9 Unicorns, Powerhouse Ventures, and SOSV.
- Kiko Live leverages ONDC for hyperlocal delivery options, empowering retailers to compete with quick commerce platforms.
- Kiko Live adopts a catalogue-driven system with AI integration, helping retailers list their products online and reach a wider audience.
- Kiko's approach differs from KiranaPro by focusing on a direct buyer-seller connection and integrated inventory system for retailers.
- Kiko Live's challenges include training retailers for operational efficiency and building credibility among them, but ONDC has helped solve these issues.
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Inc42
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Inc42’s Q1 Funding Report, Zomato Axes 600 Jobs & More
- Q1 2025 showed signs of stability in funding landscape with a 41% YoY surge in capital, reaching $3.1 Bn across 232 deals, pushing total funding past $161 Bn.
- Ecommerce and fintech remained dominant in funding, with late-stage startups raising $1.8 Bn, seed stage startups at $188 Mn, and growth stage startups at $1 Bn.
- M&A activity in Indian startups saw a revival in Q1 2025, including notable deals like HUL's acquisition of Minimalist.
- Zomato laid off 600 employees due to performance issues and AI-led automation in its food delivery vertical amid rising competition.
- Spinny raised $131 Mn led by Accel for its NBFC arm, valuing the company at $1.7 Bn to $1.8 Bn post-money.
- Boba Bhai's revenue surged 6x in FY25, OYO projects a 60% YoY revenue increase in Q4 FY25, and UPI transactions hit all-time highs.
- IndiQube's IPO got SEBI approval, BorderPlus acquired Onea Care, and The Bear House secured INR 50 Cr in funding.
- Neural Defend aims to combat deepfakes using AI-based detection, targeting enterprise cybersecurity and aiming to capture a share of the growing deepfake detection market.
- The startup plans to secure 10 customers, reach $10 Mn in annual revenue, and expand globally while facing competition from established players like McAfee.
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Yourstory
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Why agencies and founders should opt for SaaS-based solutions in 2025
- Businesses are increasingly relying on SaaS-based solutions to drive growth and competitiveness in the evolving digital landscape of 2025.
- A cautionary tale, 'The $7.5 Million SEO Crisis,' highlights the importance of continuous monitoring with SaaS tools to prevent revenue loss and maintain brand trust.
- The evolution of SaaS from simple cloud-based tools to AI-driven, automation-focused platforms has reshaped decision-making and efficiency for agencies and founders.
- Key benefits of modern SaaS include cloud-based accessibility, scalability, cost efficiency through subscription models, and streamlined processes.
- Challenges faced by agencies and founders in adopting SaaS include data security, tool overload, market saturation, integration issues, cost management, and customization limitations.
- Trends in the SaaS landscape for 2025 include AI-driven insights, micro-SaaS solutions, unified platforms, flexible subscription models, and sustainability initiatives.
- Switching to SaaS offers benefits like seamless scalability, cost-efficiency, unmatched accessibility, and time-saving automation, empowering innovation and growth.
- SaaS tools enhance business operations by streamlining financial management, content management, and performance monitoring for increased agility and productivity.
- Real-world examples showcase the versatility of SaaS in areas such as SEO monitoring, client reporting, and collaboration, improving efficiency and scalability for agencies and startups.
- To thrive in the SaaS-driven business environment, agencies and founders should stay informed, invest in training, and prioritize scalability to leverage the transformative power of SaaS.
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Yourstory
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VC funding in Q1 2025 remains flat; Binance on Indian crypto ecosystem
- In FY25, India registered 1.96 million units of electric vehicles, a 17% YoY growth, with growth in two-wheelers, three-wheelers, and passenger vehicles.
- Ola Electric led the electric two-wheeler segment but faced challenges in March 2025, falling to third place.
- MG Windsor emerged as the best-selling electric car in India, with over 15,000 units sold, offering a battery-as-a-service program.
- Swiggy received an assessment order for unpaid dues of Rs 158 crore, planning to appeal the order.
- VC funding in Q1 2025 for Indian startups remained flat at $2.52 billion across 312 deals, with a decline in larger value deals.
- Growth-stage startups raised $852 million, early-stage startups raised $805 million, with Bengaluru attracting the highest VC funding.
- Binance re-entered the Indian market, receiving a $2 billion investment from Abu Dhabi-based MGX, focusing on compliance and educating investors.
- Luxorides, a Delhi startup, offers premium cars for rent, aiming to expand into air and water mobility in the future.
- White House proposed 20% tariffs on most imports, Indian shares dropped, and Alibaba plans to release an upgraded AI model.
- Japan has the highest public debt burden in the world, with a debt-to-GDP ratio of 242%.
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Yourstory
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Generative AI is not a magic wand, it’s a strategic tool
- AI, particularly generative AI (GenAI), is often misunderstood and viewed as an all-powerful solution.
- Many companies have misconceptions that AI can solve complex business problems independently, without human interventions.
- Data readiness, cross-functional collaboration, and specific metrics to measure ROI are crucial for successful AI adoption.
- GenAI is not a magical solution but requires a strategic approach, incorporating the right blend of strategy, data, and execution to generate real business value.
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Yourstory
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I love the fact that people are calling the fall in crypto prices a dip: Binance’s Vishal Sacheendran
- India leads global adoption of cryptocurrency for the second consecutive year, attracting attention from global exchanges like Binance.
- Binance re-entered the Indian market in August 2021 and received a $2 billion investment from Abu Dhabi-based firm MGX.
- Vishal Sacheendran from Binance discusses the growth of crypto adoption in India, particularly among retail and institutional investors.
- Regulatory landscape in India is evolving, with discussions on asset-based regulations and potential for crypto ETFs.
- Binance focuses on education and compliance in India to bridge the gap between innovators, regulators, and investors.
- FIU in India has shown openness to foreign players, working collaboratively to shape a sustainable regulatory framework for the crypto industry.
- Despite recent price fluctuations, Vishal views market corrections as natural in the crypto space, with opportunities for seasoned investors.
- Institutional investors' long-term investment approach influences a shift towards holding crypto for longer periods.
- Binance's stance on the competitive landscape in India is centered on expanding the crypto industry and increasing adoption, rather than solely focusing on market share.
- Binance emphasizes the goal of expanding the crypto user base globally to drive industry growth and development.
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Yourstory
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From Amitabh Bachchan and Alia Bhatt to brides and grooms, Luxorides drives people in style and luxury
- Luxorides provides luxury cars on rent for various occasions, including weddings, events, film shoots, and airport transfers, offering sedans, convertibles, and SUVs from brands like Mercedes, Audi, and Jaguar.
- Founded in 2019 by Rahul Nain and Aaditya Mishra, Luxorides aims to cater to individuals and corporate clients seeking premium transportation experiences tailored to their needs.
- Luxorides has served high-profile clients like Amitabh Bachchan, Alia Bhatt, and Ranbir Kapoor, and has been involved in events like the G20 Summit and celebrity weddings.
- With a fleet of around 1,000 vehicles, Luxorides offers rentals starting from Rs 2,500 for Maruti Suzuki Dzire or Toyota Etios, going up to Rs 80,000 for luxury SUVs like Range Rover Vogue.
- The luxury car rental market in India is projected to grow significantly, with factors like evolving wedding trends, luxury-seeking travellers, and the convenience of online platforms driving the demand.
- Luxorides caters to diverse needs, from romantic getaways to corporate events, ensuring a luxurious and comfortable travel experience with a focus on personalized service.
- The company is looking to expand its services beyond road transportation to include air and water mobility with private jets, yachts, and cruises in the near future.
- Luxorides plans to introduce a web and mobile app for streamlined luxury car rentals, enhancing booking convenience and customer support.
- The startup targets international markets like Australia, Russia, Britain, and the United States within a year, aiming for global expansion.
- Luxorides' emphasis on customer satisfaction, personalized experiences, and continuous growth reflects its commitment to becoming a leading provider of luxury transportation services.
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Gritdaily
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Georgette Achimbi: Turning Personal Experiences Into a Mission for Financial Empowerment
- Georgette Achimbi is on a mission to empower individuals and families achieve financial stability and success.
- Georgette's interest in personal finance stemmed from her experiences growing up and witnessing her family's struggles with finances.
- She offers personalized financial guidance and breaks down complex concepts into manageable steps to help clients gain confidence in their financial decisions.
- Georgette is dedicated to expanding financial literacy and making a positive impact in underserved communities.
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Economic Times
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Healthtech startup Stance Health raises $1 million in pre-seed round led by General Catalyst
- Healthtech startup Stance Health has raised $1 million in a pre-seed funding round led by General Catalyst.
- The funds will be used for scaling its musculoskeletal (MSK) care model in India, enhancing its proprietary technology platform, and expanding its team and physical centres across Bengaluru and other Indian cities.
- Stance Health offers a full-stack programme for musculoskeletal pain, providing clinical diagnosis, physiotherapy, and a recovery plan. It follows an omnichannel approach, offering care both at its physical centre and through online programs.
- The startup plans to set up around six physical centres by December this year.
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