Author: Bureau

Customer base in Tier 2+ cities grows nearly 25X, while Gen Z adoption rises nearly 5X Flipkart Minutes, Flipkart’s quick-commerce offering, has completed two years since its launch in August 2024, recording 4X year-on-year growth and expanding to nearly 1,200 micro fulfilment centres across 150+ cities. The platform has also created more than 4 lakh direct and indirect jobs, while around 60% of customers return to shop on the platform. Tier 2+ markets are emerging as a key growth driver, with the customer base growing nearly 25X year-on-year across cities including Ambala, Barabanki, Bhagalpur, Durgapur, Kanpur, Roorkee, Siliguri, Salem and…

DrivePay enables TATA.CARS users to pay for fuel directly through the vehicle interface at IndianOil outlets ToneTag, a global payment infrastructure and sound-based communication technology company, today launched DrivePay, an in-car fuel payment solution for TATA.CARS, at Global Fintech Fest (GFF) 2026. Powered by ToneTag and developed using an IoT-enabled implementation of NPCI’s UPI Circle framework, the solution enables connected vehicle users to pay for fuel directly through their vehicle interface at IndianOil outlets. With DrivePay, customers can complete fuel payments after refuelling without using a separate mobile application, card or other payment method. The solution is being deployed with…

OTP-free authentication enables eligible Pluxee RuPay prepaid cardholders to verify online transactions using device-bound passkeys Zeta, a global provider of banking technology platforms and solutions, today announced the launch of passkey-based authentication for RuPay card payments with Pluxee. Enabled on the RuPay network by NPCI, the solution allows eligible Pluxee RuPay prepaid cardholders to authenticate online transactions using a passkey secured on their device, replacing SMS OTPs after one-time registration. Once registered, cardholders can authenticate subsequent eligible transactions using a fingerprint, facial recognition or device PIN, without waiting for or entering an OTP. Zeta’s implementation has recorded authentication times of…

68.5% of subscribers are below 15, signalling growing interest in starting long-term savings early School-age children account for the majority of NPS Vatsalya subscribers at Aditya Birla Sun Life Pension Fund, indicating that parents are increasingly beginning long-term savings for their children while they are still in school. Children aged 10–14 years represent 36.9% of the fund’s NPS Vatsalya customer base, followed by those aged 5–9 years at 31.6%. Children aged 15–19 account for 21.1%, while those aged 0–4 make up 10.4%. Overall, 68.5% of subscribers are below 15 years. The trend comes amid rapid national adoption of NPS Vatsalya.…

New facility takes the company’s Karnataka LCV dealership count to 12 Ashok Leyland, the Indian flagship of the Hinduja Group and a leading commercial vehicle manufacturer, today inaugurated a new Light Commercial Vehicle (LCV) dealership in Raichur, Karnataka. The facility marks the company’s 12th LCV dealership in the state and takes its LCV distribution network to more than 945 customer touchpoints across India. Operated by channel partner SB Motors LLP, the new 3S (Sales, Service and Spares) facility is located at Mukram Gunj and features seven service bays, advanced tools and modern infrastructure aimed at improving customer service and vehicle…

First-to-market solution simplifies and accelerates foreign investor access to Indian capital markets Citi today announced the launch of eFPI @ Citi, a digital solution that reduces the registration timeline for Foreign Portfolio Investors (FPIs) in India to five business days, from the few weeks to months previously required. The solution comes as India continues to attract growing interest from international investors and global institutions. Citi’s Services business in India, which oversees approximately one-third of FPI Assets under Custody in the country, is using its scale and technology capabilities to simplify market entry for global investors. Tuhin Kanta Pandey, Chairman, Securities…

Multi-city STEM initiative gives school students hands-on experience in designing and building rockets, CubeSats and rovers La Fondation Dassault Systèmes, India has concluded its multi-city STEM initiative, ‘My First Aerospace Program’, in Pune, after engaging 150 school students aged 13–16 across Bengaluru, Chennai, Gurugram and Pune. Conducted in collaboration with SSERD (Society for Space Education Research and Development), the programme gives students hands-on exposure to aerospace engineering, taking them from fundamental STEM concepts to designing, testing, building and launching DIY rockets, CubeSats and rovers. Supported by skill volunteers from Dassault Systèmes, the programme combines classroom learning, practical activities and virtual…

New electric scooter combines performance, practical storage, connected technology and premium design BGauss, the design and engineering-led electric mobility company, today launched the C12 MaxR, a new electric scooter designed to combine range, performance, durability, technology and everyday practicality. The C12 MaxR is built on BGauss’ WSA Platform, engineered using high-tensile micro-alloy steel and robotic manufacturing processes, with a claimed life of up to 150,000 km. It is powered by a 3.8 kWh IP67-rated LFP battery with an aluminium enclosure and a Battery Management System featuring 110 safety and protection features. The scooter delivers an IDC-certified range of 178 km.…

New offering allows users to keep spending balances invested in a liquid mutual fund while using them for UPI payments, bills and gift cards UTI Mutual Fund, in collaboration with Multipl, today launched ‘Investment UPI’ at Global Fintech Fest 2026. The offering allows users to keep money meant for everyday expenses invested in a liquid mutual fund while accessing it for UPI payments. Through Multipl’s Spending Account, money is invested in the underlying UTI liquid fund. When a user makes a UPI payment, the required amount is redeemed to complete the transaction, subject to applicable mutual fund terms and processes.…

10 co-branded Mega Charger hubs across four states add 2.7 MW capacity and support 75 lakh+ green kilometres Tata Power, in partnership with Tata Passenger Electric Mobility Ltd. (TATA.ev), has recorded over 70,000 charging sessions across its 10 co-branded Tata Power x TATA.ev Mega Charger hubs in India. The network has clocked more than 85,000 charging hours, supporting over 75 lakh electric kilometres and helping avoid an estimated 6,690 tonnes of CO₂ emissions. Located across Maharashtra, Telangana, Andhra Pradesh and Uttar Pradesh, the network comprises 25 fast chargers and 56 charging guns, adding 2.7 MW of cumulative charging capacity. Individual…