Author: News Desk

https://youtu.be/OU0E0Ns-l1k Nykaa is planning to expand its brick-and-mortar stores to 300. It is a way to significantly build the startups offline presence in the country.More outlets to openNykaa founder Falguni Nayar said the company targets 100 cities. Nykaa already has 84 retail outlets operating in 40 cities.”The store expansion had slowed down due to the (COVID-19). But, this year we have revived our store rollout,” she said.Nayar said the physical stores form a critical part of the business.

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https://youtu.be/4GLdLQdUxLY Tata Power Solar Systems has received a Letter of Award from Solar Energy Corporation of India. The contract is to build a 100 MW EPC solar project. Solar powerThis will also have a 120 MWh utility-scale Battery Energy Storage System. The total contract value of the project is around Rs 945 crore. It will be completed in 18 months. Tata Power Solar will support engineering, design, supply, construction, erection, testing, O&M, and commissioning.

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https://youtu.be/r6SYLCSnQ9o Zappyhire, an AI-powered recruitment platform, has raised Rs 3.71 crore. It was led by Kerala Angel Network and Alex K Babu, Founder, Hedge Equities.Strategic investorsThe seed funding round also had the participation of strategic investors such as Shihab Muhammed, Ex-Co-Founder of Freshservice (Freshdesk),  Navas Meeran, Chairman, Eastern Condiments Pvt. Ltd, M. I. Sahadulla – Chairman & Managing Director, KIMS, Rajesh Nair – Associate Partner EY and  K. Paul Thomas, Founder of ESAF Group of Social Enterprise. Jyothis KS and Deepu Xavier are the Co-founders of Zappyhire.“We are super excited to close the investment round and look forward to working with…

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https://youtu.be/7BHff_wlKu8 ePlane Company is a venture incubated out of IIT-Madras. It is developing India’s first electric air taxi.Compact planesThe ‘e200’ will be one of the world’s most compact two-seater planes. It also works on cargo transport aircraft small enough for last-mile deliveryThe company is co-founded by IIT-M professor Satya Chakravarthy and his student Pranjal Mehta.They are currently testing a scaled-down prototype. They expect to have their first cargo plane ready by next year. They have raised $1 million in their series A round of funding.

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https://youtu.be/zHtUHPk4FVM What will be the business opportunities and entrepreneurship ventures during the Covid? The TiEcon summit 2021 discussed the changes happening in entrepreneurship and business ideas. The summit set an example to the country to introduce the potential of networking opportunities during Covid. Entrepreneurs discussed the new normal for business in Covid, and there were speakers who shared their new business models and journeys.Panel discussionsThe minister of industries P.Rajeeve explained how the government’s entrepreneurship policy is changing. Changes that had to be brought in policies and Kerala’s entrepreneurial environment was discussed in the panel which had the participation of legislators and…

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https://youtu.be/X8-hInRgwVo Now, WhatsApp can be used to order groceries from JioMart via a new “tap and chat” option. Delivery is free and there’s no minimum order value, say JioMart users.Competition with leading playersThe JioMart users will get a WhatsApp shopping invite with a 90-second tutorial and catalogue. The daily essentials on offer are fruits, vegetables, cereal, toothpaste, cooking staples etc.. Customers can fill their shopping baskets within the app and pay via JioMart or by COD. The JioMart-Whatsapp collaboration is a major competition to other leading grocery players like Amazon, BigBasket, Grofers etc. Strong user baseThe new move comes after Meta invested nearly…

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https://youtu.be/ou7PsNTcNPk Motorola G31 will be available on Flipkart from December 6. The budget segment smartphone Motorola G31 is priced at Rs 12,999.Tough competitionThe smartphone was already launched in the European markets. Motorola G31 will compete with Realme and Xiaomi in the budget category. The smartphone is available in blue and black colours.FeaturesThe Lenovo-owned Motorola brings triple rear lenses in G31. The smartphone runs on android 11 with near-stock experience. It is powered by a massive 5,000mAh battery.Motorola has switched from the Qualcomm silicon in the Moto G30 to a MediaTek G85 SoC for the Moto G31. This processor has a maximum…

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https://youtu.be/eHlH8ACz_Es Delhi’s Ardor 2.1 is the first Indian restaurant to accept cryptocurrency. The restaurant has come up with a Digital Thali.The thali has a very quirky look. The hotel offers exciting dishes to woo its customers. Discount for crypto currencyFrom the digital tab, the customer can choose the menu. The restaurant is offering 20% off to customers who pay via cryptocurrency. It also offers 10% off if customers pay via Paytm or credit cardsArdor 2.1 claims to be the first Indian restaurant to accept cryptocurrency as a means to pay for it.More offersIf you tag along two other friends to enjoy this…

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https://youtu.be/DAI6ccB3zoI Investments worth Rs 91,000 crore will be made for developing existing and new airports Minister of State for Civil Aviation VK Singh said this in the Rajya Sabha in written replies.Expansion plansHe informed that the Airports Authority of India (AAI) has taken up a development programme to spend around Rs 25,000 crore in the next 4 to 5 years. This is for expansion and modification of existing terminals, new terminals and strengthening of runways, aprons, Airport Navigation Services (ANS), control towers, technical blocks, etc. This is part of the several measures being taken to boost the civil aviation sector.Greenfield airportsThe…

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https://youtu.be/eDOxkveWmN8 Fintech Slice has raised $220 mn in a Series B funding round. The round was led by its new investors US investment giant Tiger Global and Insight Partners. Spike in issuing cards Slice provides a Visa card focused on millennials. It allows customers to pay for their purchases in three instalments. Its card issuance spiked from 20,000 in Jan 2021 to the current 200,000 per month. India’s growing appetite for credit triggered this. 41st unicorn Slice is the 41st unicorn in 2021. The company’s turnover for FY21 stood at Rs 35 crore. The startup offers Slice customers a range…

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