Author: Rahul Mehra
News Editor

New Delhi: Bollywood actress Shilpa Shetty Kundra has recently made an investment in the Mumbai-based startup Kisankonnect. Shilpa Shetty Kundra, known for her dedication to fitness and promoting a healthy body and mind, has invested an undisclosed amount in the company. She has been contributing to the startup by providing essential fitness elements, particularly focusing on “Fresh Food.” Kisankonnect, founded in 2020, stands out in the agricultural e-commerce industry due to its unique approach. The company operates through a vast network of 5,000 members and village-level collection centers, directly sourcing agricultural produce from farmers. By prioritizing convenience and quality, Kisankonnect…

New Delhi: The Open Network for Digital Commerce (ONDC) has recently revised its incentive scheme for network participants, aiming to reduce dependency on discounts for adoption. This move addresses concerns regarding ONDC’s ability to break the duopoly of Zomato and Swiggy. However, these reduced incentives have resulted in a significant decline in daily order values, which have dropped by approximately 64 percent to 9,000 from the peak. Various internet analysts have highlighted the unsustainability of the initial food delivery volumes on ONDC. Jefferies and Motilal Oswal Financial Services Ltd (MOFSL) previously stated that ONDC would not be able to disrupt…

Gurugram: Cosmofeed, India’s leading platform helping creators and micro-entrepreneurs monetize their offerings and services, said that it has processed earnings worth over INR 100 crore for more than 5,000 creators in FY 2023. Founded by Vivek Yadav and Vishnu Pathak in September 2021, Cosmofeed is an online platform that helps creators/micro-entrepreneurs/solo preneurs build communities, host events, and better monetize their offerings. In the financial year 2023, Cosmofeed empowered many such creators to earn for the first time on the Internet.  Almost 30% of the creator base made their first earnings using the platform.  “We’re excited to have contributed to the growth…

Bengaluru: OnMobile Global Limited (“OnMobile”), the global leader in mobile entertainment, today announced the financial results for the Fourth Quarter and Full year FY23 ended March 31, 2023. Highlights:  Challenges Arena: Revenue increased by 178% on a YoY basis and grew 22x over the last eight quarters Challenges Arena: 66 cumulative customer confirmations and 42 customers live as of Q4FY23 Challenges Arena: 17.56 Mn gross subscribers as of Q4FY23 Challenges Arena: The Net active base remained stable at 3.1 Mn at the end of Q4FY23 ONMO B2B: 19 Customers confirmed (4 live). Revenue grew 2x QoQ FY23 revenues at INR…

In 2015, Reshma Chhabria Kumar founded HIIH. It’s pronounced as H2H or HtoH and stands for “House to Home”. Whether bought or designed by an Interior Designer, Reshma believes a house is only complete when accessorized. It is a design-led, artisan-Crafted, accessories brand. The range of products reflects a sophisticated mix of Japanese aesthetics with Indian values, materials and intricacy. Reshma shares what draws her to find a niche as a designpreneur, “The love to create has always been there. The idea that something drawn on paper with a pen/pencil can be converted into a product with beauty and utility…

New Delhi: ISRO’s GSLV rocket successfully launched the navigation satellite NVS-01 from the Sriharikota spaceport on Monday. The primary objective of this mission is to enhance the continuity of the Navigation with Indian Constellation (NavIC) services. The GSLV, standing at a towering height of 51.7 meters, gracefully lifted off from the second launch pad at Sriharikota, which is situated approximately 130 km away from Chennai. The launch took place precisely at 10:42 am amidst clear skies. This launch of the second-generation navigation satellite series holds significant importance as it ensures the uninterrupted operation of NavIC services. NavIC is India’s regional…

New Delhi: Metacrun.ch, a renowned metaverse publication, and BYTE CITY, an innovative community party platform, have announced a collaborative venture set to span a week. This exciting collaboration aims to offer users a captivating array of activities that will showcase the unique features of BYTE CITY. In an official statement released on May 31, 2023, it was revealed that Kelly Vero, the esteemed editor-in-chief of Metacrun.ch, will be hosting an engaging Ask Me Anything (AMA) session within BYTE CITY. The event, aptly titled ‘Kelly Vero: AMA in BYTE CITY,’ will commence at 8 PM CET. During this interactive session, Kelly…

New Delhi: Realme, the Chinese tech company, has recently made an exciting announcement regarding the appointment of Bollywood star Shahrukh Khan as its brand ambassador for the smartphone category. Known as the ‘King Khan’ of Bollywood, Shahrukh Khan has been chosen for his remarkable journey and charismatic persona, which the company believes perfectly embodies the spirit of Realme. This collaboration signifies Realme’s commitment to providing users with an exceptional and forward-thinking smartphone experience. Realme emphasizes that their partnership with Shahrukh Khan highlights their focus on delivering powerful, stylish, and youth-oriented smartphones that resonate with the aspirations and ambitions of today’s youth.…

New Delhi: The German economy’s consecutive contraction over two quarters is expected to have a negative impact on India’s exports to the European Union nation, particularly in sectors such as apparel, footwear, and leather goods, according to exporters. Recent data released by the Federal Statistical Office reveals a 0.3 percent decline in Germany’s gross domestic product (GDP) from January to March, following a 0.5 percent drop in the last quarter of 2022. Sharad Kumar Saraf, a Mumbai-based exporter and chairman of Technocraft Industries, highlighted the potential repercussions on Indian exports, not only to Germany but also to the broader European…

New Delhi: KRAFTON, Inc. has made an exciting announcement with the launch of KRAFTON INDIA ESPORTS, an official esports YouTube channel and Instagram page dedicated to the Indian market. The primary objective of these platforms is to support and foster the development of the esports ecosystem in India. By offering engaging content, organizing competitions, and sharing updates on KRAFTON’s esports events, the channel and page aim to become a central hub for all esports enthusiasts. Expressing his enthusiasm about these recent developments, Sean Hyunil Sohn, CEO of KRAFTON, Inc. India, emphasized the importance of the Indian market and the company’s…