Author: Arabian Media staff
Opinions expressed by Entrepreneur contributors are their own. I will never regret bootstrapping my business — but that doesn’t mean it was easy. Now that they’re so far in the rearview, it’s easy to look back on those early days through the rose-colored haze of memory: the up-with-the-birds mornings, the evenings where I was so enthralled in my work that dusk faded into night without my even noticing. It was exhausting, but it was also invigorating. I was building something completely mine, on my own steam.But if I were to do it all again now, I know my journey would…
Eternal’s quick commerce subsidiary Blinkit has overtaken the company’s core food delivery business in gross order value (GOV) for the first time, a development that reflects a broader consumer shift and strategic pivot within the company.In the quarter ended June 2025, Blinkit reported a GOV of Rs 11,821 crore, up 140% year-over-year, compared to Rs 10,769 crore from Zomato’s food delivery business. A year earlier, food delivery still accounted for the larger share of the company’s transaction volume.The rise in Blinkit’s order volumes comes alongside aggressive store expansion and supply chain investments. Blinkit added 243 new stores in the quarter,…
From Reliance Retail’s entry into the quick commerce race with Ajio Rush to EduFund securing $6 million in Series A funding, YourStory brings you today’s headlines with the latest developments across sectors.Featured stories:Reasoning LLMs, AI agents: Infibeam looks beyond fintech with Rs 700 Cr rights issueInfibeam Avenues is branching out by placing a bold bet on artificial intelligence. The Ahmedabad-based fintech is launching a rights issue worth nearly Rs 700 crore to fund what its founder Vishal Mehta calls the “full-stack agent AI ecosystem of the future.” With this ambitious raise, Infibeam is looking beyond its core payments and fintech…
EduFund, a full-stack platform for education planning and financing, has secured $6 million (~Rs 50 crore) in a Series A funding round led by private equity and investment firm Cercano Management, and global venture capital firm MassMutual Ventures.The company will use the funding to enhance its AI-driven advisory services with a personalised planning engine, expand loan options for underserved undergraduates, and extend access to education financing in Tier II and III cities.Founded in 2020 by Eela Dubey and Arindam Sengupta, the education-focused fintech platform helps Indian families plan and fund education from early years to higher studies. Its services span…
The second edition of the AccelCybersecurity Summit will be held on July 30 in Bengaluru, with focus on tackling AI-driven threats and to position India as a global cybersecurity innovation hub.The summit will bring together leading chief information security officers (CISO), cybersecurity founders, cloud architects, policymakers and investors, according to a release.Accel Cybersecurity Summit 2025 will serve as a launchpad for early-stage security products and a collaboration platform for ecosystem leaders committed to building intelligent, cloud-native and AI-resilient security solutions from India, it added. The upcoming summit is being held in partnership with Amazon Web Services (AWS) and Google Cloud.According…
The UIDAI is working on a project to start biometric updates of children through schools after two months in a phased manner, a top official of the Aadhaar custodian body said.The Unique Identification Authority of India CEO, Bhuvnesh Kumar, told PTI that over 7 crore children have not updated their biometrics for Aadhaar, which is mandatory after attaining the age of 5 years.”UIDAI is working on a project to start updating the biometrics of children with parental consent through schools. We are at present testing the technology and it should be ready in 45-60 days,” Kumar said.Timely completion of Mandatory…
Reliance Industries’ retail arm, Reliance Retail, has announced the launch of Ajio Rush, a quick commerce platform launched in six major cities. During a post earnings call with analysts, the company, which operates ecommerce platform Ajio, along with Reliance Digital, Reliance Trends, and Reliance Fresh, among others, said it has carved out spaces in its stores to fulfill online orders, enabling deliveries in under four hours. The service currently offers a curated selection of over 130,000 products across the six cities where it is live.”We see in initial signs, it is still relatively young but what we see is that…
Deepinder Goyal-led Eternal, the parent company of food delivery vertical Zomato, quick commerce arm Blinkit, dining out business District, and B2B offering Hyperpure, is set to announce its financial results for the first quarter of FY26 at the close of markets today. According to a recent report by brokerage JM Financial Ltd (JMFL), the Delhi-NCR-based company is expected to report EBITDA (earnings before interest, taxes, depreciation, and amortisation) improvement to Rs 170 crore in the three months ended June 30, 2025. During the same period, its after-tax profit is expected to improve to Rs 78.5 crore from Rs 39 crore…
Hello,Someone stole the Pink Panther.India’s largest crypto exchange, CoinDCX, suffered a security breach that resulted in the loss of approximately $44 million from one of its internal operational wallets. While CoinDCX has not confirmed this figure, it has acknowledged that the hack did not involve customer wallets.The hack comes exactly a year after WazirX disclosed a massive breach in which attackers siphoned off roughly $235 million worth of digital assets. That incident has been attributed to the North Korea-linked Lazarus Group.In fact, the group was also responsible for the $1.5-billion hack of ByBit earlier this year—the largest single hack in…
A few years ago, the only digital device at a local kirana in Jaipur or a fruit stall in Bhopal might have been a basic FM radio. Today, these same setups echo with the familiar chime of a payment soundbox, announcing the quiet arrival of India’s digital economy at the grassroots.This transformation, led by UPI, has reshaped everyday transactions. QR codes are now embedded in our retail fabric. According to the RBI’s 2024–25 report, UPI Quick Response (QR) codes also saw a sharp 91.5% increase, reaching 65.8 crore as of March 31, 2025, reflecting their widespread adoption across merchant touchpoints.Amidst…
