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  • PB Fintech’s Healthcare Arm to Raise INR 1,461 Cr in First Seed Round

    PolicyBazaar‘s parent company, PB Fintech, is making big moves into the healthcare sector. In fact, the firm has just announced that it’s set to make a whole suite of healthcare services available to Indians. It even has a new subsidiary to handle the job, PB Healthcare Services Pvt Ltd. The new arm is starting with a fresh round of funding, seed funding, to be precise, to the tune of INR 1,461.60 crore. That’s up 76% from an earlier, not-quite-as-finished-to-say-funding-story dropped back in March.

    This shift is the initial large influx of cash for the healthcare startup since its formation just 11 months ago. Although the operation has been secretive about its precise objectives, it has made clear that its endgame is a sort of uninterrupted experience for those it insures, similar to the preventive medical insurance experience one might have in the United States.

    Equity Dilution Reflects Strategic Shift

    Through the enlarged financing round, PB Fintech’s shareholding in the healthcare subsidiary will fall sharply from 100% to 32.14% on a fully diluted basis. This change also accommodates the creation of an employee stock option pool. In earlier remarks, CEO Yashish Dahiya made it clear that PB Fintech was not adopting a long-term ownership model in this initiative. Instead, the firm aims to be an incubator for the healthcare venture, so that it can evolve independently after PB Fintech steps back.

    Dahiya and other key stakeholders, including cofounder Alok Bansal and senior executives, are investing INR 132.75 crore to obtain a total of 6.61% equity in PB Healthcare. This commitment from key figures in the organization certainly seems to bode well for the long-term outlook of the venture.

    A Potential Game Changer by Year-End

    The company projects that PB Healthcare will start up by December 2025. If it works, the model might change the game for insurance-linked healthcare in India. Its targets, eliminating pre-authorization, ironing out the claim experience, add up to a user-friendly alternative for insurance-linked healthcare in India.

    Even so, expectations have been dampened somewhat by CEO Dahiya, who has indicated it may take at least four years to assess the actual impact of the business on the broader healthcare ecosystem.

    Skepticism from Analysts

    The optimism surrounding PB Fintech isn’t shared by everyone. Bernstein, a prominent brokerage firm, had previously expressed concerns about the company diversifying into healthcare. According to Bernstein, PB Fintech’s foray into such a heavily infrastructure-dependent sector is a departure from the asset-light model that had long defined it. Bernstein suggests that the move could have significant pros and cons.

    More insights should come when PB Fintech shares its Q4 FY25 numbers. Markets seem cautiously optimistic in the meantime, with the company’s stock closing just above where it had Standard & Poor’s global rating on it and just below where it had a Morgan Stanley global rating on it.

  • Success Story of Sanjiv Goenka: The Owner of RPSG Group

    The Indian startup circuit is well known for the mighty figures who have revolutionized the world. Now, as there are millions of companies that have worked for the development of society, the businessmen of India have made the most of the opportunities thrown at them.

    Among the companies that have worked for the development of the startup circuit and providing employment, RP-Sanjiv Goenka Group (RPSG) is a brand that is popular in the Indian subcontinent. The man leading this group is Sanjiv Goenka. He has been an influential person throughout his tenure and continues to do so!

    Sanjiv Goenka – Biography

    Name Sanjiv Goenka
    Born 29 January 1961
    Citizenship Indian
    Education St. Xavier’s College, Kolkata
    Title Chairman of RPSG Group
    Net Worth $4 billion (2025)

    Sanjiv Goenka – Background
    Sanjiv Goenka – RPSG Group
    Sanjiv Goenka – Transforming RPSG Group into a Conglomerate
    Sanjiv Goenka – RPSG Group – Highlights
    Sanjiv Goenka – RPSG Group – Funding
    Sanjiv Goenka – RPSG Group – Acquisitions
    Sanjiv Goenka – RPSG Group – Subsidiaries
    Sanjiv Goenka – RPSG Group – Lucknow Super Giants
    Sanjiv Goenka – Carvaan
    Sanjiv Goenka – RPSG Group – Increased Sales
    Sanjiv Goenka – An Inspiration

    Sanjiv Goenka – Background

    Sanjiv was born on 29 January 1961. He pursued his graduation from the prestigious St. Xavier’s College, Kolkata.

    Sanjiv Goenka was born in Kolkata in 1961 and is the son of the late Dr. Rama Prasad Goenka. He is married to Preeti Goenka, and they have two children: a daughter named Avarna and a son named Shashwat.

    Sanjiv is a former member of the Prime Minister’s Council on Trade and Industry. Presently, he is serving as the chairman of the Board of Directors of Woodlands Medical Center, LTD.

    Apart from making a mark on the business sector, he has also taken an interest in the world of sports. Sanjiv is the owner of the ATK Football Club in the Indian Super League. He was elected as the president of the All India Management Association in 2009-2010. Apart from that, he is the chairperson of the prestigious Indian Institute of Kharagpur. Sanjiv Goenka has a net worth of $4.1 billion (2025).

    Sanjiv Goenka – RPSG Group

    RPSG Group was created by Sanijv Goenka in 2011. This company is named after his father, Late Rama Prasad Goenka. His brother leads the Mumbai-based RPG Group while Sanjiv heads the RPSG Group. The major part of Sanjiv Goenka’s group was the power generation and distribution company CESC Ltd. Hence, to match the power revenues, the junior Goenka had to make his other businesses grow faster. He had to unlock some of the value that had been trapped within the flagship CESC Ltd.

    Sanjiv Goenka – RPSG Group – Highlights

    Company Name RPSG Group
    Owner Sanjiv Goenka
    Founded 13 July 2011
    Headquarters Kolkata
    Revenue/Turnover $4.5 billion
    Subsidiaries Firstsource, CESC Limited, Saregama, Spencer’s Retail

    This company owns retail and real estate businesses. Three businesses in the group have turned around in the past years. These groups are carbon black, music, and film content. Sanjiv Goenka entered the BPO circuit with the purchase of Firstsource Solutions in 2012.

    In October 2018, the flagship CESC was split into three parts. These parts were the power generation and distribution business, retail business, and CESC Ventures. The CESC Ventures included IT and FMCG. According to Sanjiv, to turn the business around, the company decided to stop doing business for the sake of top-line, and hence, the team started to focus on profitability.

    Sanjiv’s turnaround efforts at Saregama have put the company on track. He had brought in new management to the company, which was a relatively smaller member of the RPSG Group. It had an annual turnover of INR 281.03 crore in the Q4 2023-2024. The company has rights to music content in various Indian languages, and has changed very much in one year! This is all due to Sanjiv’s effort to remodel the company.

    Sanjiv Goenka – Transforming RPSG Group into a Conglomerate

    Sanjiv has always guided his team. This is the reason that RPSG has become a conglomerate with diverse revenue streams.

    Whenever a visitor visits his office, three small identical glass bowls of snacks are served to the visitor. Two of them comprise of snacks from the Goenka group. While the third snack has a popular fried snack from the third company. Sanjiv then challenges his guests to taste the contents of the three bowls and identify the one which is the in-house products. You might wonder why he does this kind of activity. The reason is he wants to get feedback from every visitor to his office.

    Although the group’s entry into the FMCG snacks business is new, Goenka has been bullish about its future. He monitors the INR 500 crore FMCG operation, tastes most of the new products himself, and also makes sure that the visitors check out the food. This attitude of Sanjiv has helped him expedite his wish to make the INR 26,000 crore group an even division of the regulated and non-regulated business.

    The RPSG Group used to be dependent on the power sector. The main reason is that the power sector comprises 80% of its revenues. Well, today, revenues are evenly distributed and matched between power and other businesses.


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    Sanjiv Goenka – RPSG Group – Funding

    Announced Date Organization Name Lead Investor Funding Round Money Raised
    Jan 4, 2018 True Elements Yes Seed Round – True Elements $671 K
    Jul 16, 2020 Editorji Yes Corporate Round – Editorji $6.9 million

    Sanjiv Goenka – RPSG Group – Acquisitions

    Acquiree Name Announced Date Price Transaction Name
    Editorji Jul 15, 2020 N/A Editorji acquired by RP-Sanjiv Goenka Group
    Apricot Foods Jul 31, 2017 $68.6 million Apricot Foods acquired by RP-Sanjiv Goenka Group

    Sanjiv Goenka – RPSG Group – Subsidiaries

    The RPSG Group subsidiaries are:

    Sector Companies
    Power CESC Limited, Haldia Energy Limited, Dhariwal Infrastructure Limited, Noida Power Company Limited, Integrated Coal Mining Ltd, Crescent Power Limited, Surya Vidyut Limited
    IT-Enabled Services Firstsource
    Media and Entertainment Saregama India Ltd, Open, Fortune India, Editorji
    Consumer and Retail Too Yumm! (Guiltfree Industries Ltd), Evita (Apricot Foods Limited), Spencer’s Retail, Nature’s Basket, Dr. Vaidya’s (Herbolab India Pvt Ltd)
    Education and Infrastructure Quest Mall, Woodlands Hospital
    Sports ATK Mohun Bagan, RPSG Mavericks Kolkata
    Plantation Harrisons Malayalam Limited

    Sanjiv Goenka – RPSG Group – Lucknow Super Giants

    In August 2021, the Governing Council of the Indian Premier League invited bids for two new teams. Although 22 companies showed interest, only six made serious offers due to the high base price. The RPSG Group, owned by Sanjiv Goenka, won the rights to operate the Lucknow franchise with a bid of ₹7,090 crore (around ₹80 billion or US$950 million in 2023).

    The team then held a competition to decide its name, and in January 2022, they chose “Lucknow Super Giants.”

    Sanjiv Goenka-KL Rahul Controversy

    During IPL 2024, LSG owner Sanjiv Goenka was seen in a heated chat with captain KL Rahul after a 10-wicket loss to SRH. The intense boundary-side exchange went viral, though the audio wasn’t clear. Rahul later said it “was not the nicest thing.” While Goenka downplayed any issues, Rahul was not retained and has since joined Delhi Capitals.

    In IPL 2025, KL Rahul helped Delhi Capitals beat his old team LSG with a strong knock of 57* runs. The match was in Lucknow, where Rahul had once been captain. After the game, LSG owner Sanjiv Goenka and his son tried to greet Rahul and praise him. But Rahul walked past them without talking. This moment was caught on camera and went viral, with many saying it showed there were still issues between Rahul and the LSG team.


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    Sanjiv Goenka – Carvaan


    Saregama’s (one of the RPSG Group companies) product Carvaan now accounts for half of its revenues. Presently, more than a million products have been sold. Hence, due to its success, Goenka has launched smaller hand-held products targeting the younger generation. This hand-held music device has internet connectivity to stream music.

    According to Sanjiv, Carvaan was targeted at an older generation. But, the new edition will attract the younger generation too.

    Carvaan Go is also available at the company’s online store. The credit for the success of the product also goes to Vikram Mehra. He has worked with different big brands like Tata Sky and Star India.

    Sanjiv Goenka – RPSG Group – Increased Sales

    In December 2018, Saregama posted a jump of 66% in sales to INR 400 crore from INR 200 crore. Whereas the company posted revenue from operations of INR 866.66 crore in FY24, net profit stood at INR 197.56 crore. The product named Carvaan has been very popular in the Indian subcontinent. The product’s look is inspired by an old Murphy radio that was lying in the company headquarters in Kolkata.


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    Sanjiv Goenka – An Inspiration

    Setting up a brand and making sure that the quality of the products never decreases is quite a difficult task. But, Sanjiv Goenka, RPSG Group owner, has proved the business critics wrong. With perfect planning, he has been successful in expanding the company. Under his leadership, the company is now taking giant strides in the food sector too.

    The introduction of Carvaan has enabled the older generation to relive the past. His perfect business tactics have been replicated in the introduction of Carvaan Go. His products have been of high-class quality and are giving stiff competition to the rival brands. His deep interest in investing in football, a sport that has been unable to attract the masses, shows his determination to help the sectors that have been left behind. Truly, Sanjiv Goenka has been an inspiration for many budding entrepreneurs.

    FAQs

    Who is Sanjiv Goenka?

    Sanjiv Goenka is an Indian billionaire entrepreneur. He is the founder and chairman of RPSG Group and an early-stage investor. He is also the owner of an IPL team, Lucknow Super Giants.

    What is the full form of RPG Group?

    RPG Group stands for Rama Prasad Goenka Group. Harsh Goenka is the chairman of the RPG Group conglomerate.

    What is Sanjiv Goenka age?

    Sanjiv Goenka was born on 29 January 1961. He is 64 years old.

    What is Sanjiv Goenka net worth 2025?

    The net worth of Sanjiv Goenka is estimated to be around $4 billion approximately Rs 342,000 crore (2025).

    What is the RP Sanjiv Goenka group net worth?

    The net worth of RPSG in revenue is $4.3 billion.

    Who is CESC Owner?

    CESC is owned by the RP-Sanjiv Goenka Group (RPSG), which is led by Sanjiv Goenka as Chairman.

    What is RPSG group turnover?

    The turnover of RPSG group is $4.5 billion.

    What is RPSG full form?

    RP-Sanjiv Goenka is the full form of RPSG.

  • AI Blog Writers: Where Do They Stand In 2025

    The balance between AI efficiency and human creativity is key to producing engaging, authentic content that resonates with readers. Ask any writer who is worth his own weight, in experience – and he shall say the same. While AI excels at data processing and initial drafting, human input remains crucial for adding personality, fact-checking, and contextual insights. This combination of AI assistance and human expertise is shaping the future of content marketing.

    If you are someone looking to ride this wave too, and make a career out of blogs and articles, this could be a great place to begin! We shall look into the evolution of these writing assistants and provide an in-depth analysis of the leading contenders. Additionally, we’ll share insights on maximising your return on investment with these tools and offer our thoughts on which AI blog writer might be the best fit for your needs in 2025. Here we go!

    The Evolution of AI Writing Tools
    In-Depth Analysis of Leading AI Writers
    Balancing AI and Human Input in Blog Writing
    Maximising ROI with AI Blog Writers

    The Evolution of AI Writing Tools

    Brief History

    The journey of AI writing tools began in the 1950s when the term “Artificial Intelligence” was first coined by John McCarthy. However, the real revolution started in the 1940s. These early AI systems were primarily focused on precise programming and logic principles to mimic human intelligence. The 1960s saw the emergence of Eliza, a chatbot with cognitive capabilities, and Shakey, the first mobile intelligent robot. As technology advanced, AI writing tools evolved from basic spell-checkers to more sophisticated systems.

    Current State of Technology

    Today, AI blog writers have become indispensable for content creators and marketers. These tools now offer a wide range of capabilities, from grammar checking to generating complex narratives. Modern AI writing assistants can understand context, provide style suggestions, and even create content tailored to specific platforms. They’ve become particularly valuable for SEO optimisation, helping to generate keyword-rich content that improves search engine rankings.

    Major Advancements

    Recent years have seen significant advancements in AI writing technology. The introduction of large language models like GPT-3 has revolutionised the field, enabling AI to generate human-like text with unprecedented quality. These systems can now produce various types of content, from social media posts to full-length articles. AI writing assistants have also become more adept at understanding and replicating specific writing styles, making them valuable tools for maintaining brand consistency across different platforms.


    Top AI Writing Assistant Tools in 2023
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    In-Depth Analysis of Leading AI Writers

    SurferSEO

    SurferSEO
    SurferSEO

    SurferSEO stands out as a powerful AI blog writer that focuses on SEO optimisation. It combines SERP analysis and NLP technology to generate content that aligns with user intent and ranks well in search engines. The tool offers features like AI-generated headings, competitor analysis, and content optimisation guidelines. SurferSEO’s ability to produce SEO-friendly content makes it a valuable asset for content creators looking to improve their search rankings.

    Jasper

    Jasper
    Jasper

    Jasper, formerly known as Jarvis, is a versatile AI writing assistant that excels in blog post creation. With over 50 templates for various content types, Jasper can handle everything from product descriptions to social media posts. Its Boss Mode feature allows users to customise the tone and style of the content, ensuring it matches their brand voice. Jasper’s ability to generate high-quality, engaging content quickly makes it a favourite among marketers and content creators.


    Top AI Writing Assistant Tools in 2023
    There are several AI writing assistant tools available in the market, each with its unique features and benefits. Let’s take a closer look at some of the top tools that can help you enhance your writing skills.


    ChatGPT

    ChatGPT
    ChatGPT

    ChatGPT, developed by OpenAI, has revolutionised the AI content generation landscape. This AI chatbot can assist with various writing tasks, from brainstorming ideas to drafting full articles. Its natural language processing capabilities allow for more conversational and context-aware content creation. While it may require some prompt engineering to produce optimal results, ChatGPT’s versatility and accessibility make it a popular choice for content ideation and writing assistance.

    Other Notable Tools

    Several other AI writing tools have gained traction in the market. Copy.ai offers multilingual support and a user-friendly interface for creating various content types. Writesonic specialises in SEO-focused content creation, while Rytr is known for its affordability and diverse use cases. These tools, along with others like Frase and WordHero, provide content creators with a range of options to suit their specific needs and budgets.

    Balancing AI and Human Input in Blog Writing

    AI blog writers have revolutionised content creation, offering efficiency and speed. However, striking the right balance between AI-generated content and human input is crucial for producing authentic, engaging articles. But, when to use AI, when human touch is necessary, and how to adopt hybrid approaches? Let’s understand.

    When to Use AI

    AI writing assistants excel at tasks that require quick processing of large amounts of data. They’re particularly useful for generating initial drafts, conducting keyword research, and providing content optimisation suggestions. AI can help overcome writer’s block by offering fresh perspectives and ideas. It’s also beneficial for creating social media posts, email templates, and other repetitive content types.

    When Human Touch is Necessary

    While AI can produce content efficiently, human input remains vital for several reasons. Humans bring unique perspectives, creativity, and emotional intelligence that AI can’t replicate. They can infuse content with brand personality, humour, and empathy, creating a genuine connexion with readers. Human writers are essential for fact-checking, ensuring accuracy, and adding contextual insights that AI might overlook.

    Hybrid Approaches

    The most effective content strategies often involve a combination of AI and human input. This hybrid approach leverages the strengths of both to create high-quality, engaging content. For instance, AI can generate initial drafts or outlines, which human writers then refine and enhance with their expertise and creativity. Humans can also use AI-generated insights to inform their content strategy and optimise their writing for SEO.

    Maximising ROI with AI Blog Writers

    AI blog writers have become game-changers for content creators looking to boost their return on investment. These tools offer a range of benefits that can significantly impact a company’s bottom line.

    Cost-Effective Strategies

    One of the most compelling aspects of AI blog writers is their cost-effectiveness. Compared to hiring human writers, which can cost hundreds of dollars per project, many AI writing tools offer monthly subscription rates that work out to be much more affordable. For instance, some AI tools can produce tens of thousands of words for around 5000 rupees a month. This pricing structure makes AI-generated content particularly attractive for simpler content needs, allowing businesses to allocate their resources more efficiently.

    Productivity Gains

    The productivity boost provided by AI blog writers is perhaps their most significant advantage. These tools can create content at an astonishing speed, producing articles in minutes that would take human writers hours to research and write. This rapid turnaround time allows for a substantial increase in content output. Many businesses report remarkable improvements in their content marketing efforts, with 68% achieving higher content marketing ROI and 65% generating better SEO results.

    Quality Considerations

    While efficiency is crucial, the quality of AI-generated content is equally important. Encouragingly, 67% of businesses using AI for content creation report improved content quality. However, it’s essential to implement robust quality control processes. This includes using subject matter experts to review and refine the content, ensuring accuracy, originality, and adherence to ethical standards. Regular monitoring and evaluation of the outputs help maintain high-quality standards and allow for continuous improvement of these algorithms. On top of these strategies, businesses can maximise their ROI with AI blog writers, enjoying increased productivity and improved content quality while managing costs effectively.


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    Conclusion

    In 2024, AI has become a game-changer for content creators and marketers alike. With our socials, we’ve witnessed firsthand how these intelligent tools are transforming the way we approach content creation, offering a blend of efficiency and creativity that was once thought impossible. Looking ahead, the potential for AI blog writers to boost productivity and improve content quality is enormous.

    As these tools continue to evolve, they’ll likely become even more integral to content strategies across industries. And, we don’t want you to play catch-up!


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    FAQs

    What are some leading AI writers?

    Some leading AI writers are Jasper, SurferSEO, ChatGPT, Writesonic.

    What are some advantages of using AI blog writers ?

    Advantages could include increased content production speed, cost-effectiveness for certain types of content, assistance with overcoming writer’s block, and the ability to quickly generate drafts for various topics.

  • Adobe Updates its Firefly App Using AI Models from Google and OpenAI

    On April 24, Adobe announced that it is bringing its Firefly app to mobile devices and integrating image-generation artificial intelligence models from OpenAI and Alphabet’s Google. Adobe is the proprietor of several software applications that are often used by visual arts professionals, including Photoshop and Premiere.

    In its Firefly service, the San Jose, California-based company has been creating its own AI models since 2023 to produce photographs and video clips. The company guarantees its users that they won’t be held legally responsible for utilising the images and videos produced by these models.

    However, Adobe stated last year that it was open to providing its user base with third-party models from OpenAI, the company that created ChatGPT, and others.

    What Adobe is Offering to Users?

    Firefly users will have the ability to generate images using OpenAI’s GPT image generation, Google Imagen 3, Google Veo 2, and Flux 1.1 Pro, in addition to a new version of Adobe’s proprietary Firefly image model, according to Adobe.

    In the upcoming months, the business intends to offer models from partners like Runway, Luma, and fal.ai. Adobe’s chief technical officer for digital media, Ely Greenfield, told a media outlet that the company still has a large number of customers that will only utilise Firefly when they are bringing items to production because they value commercial safety.

    However, they are also interested in trying out different models for other aspects of the process, such as brainstorming. Thus, Adobe is giving them that option. With just a few taps or clicks, users of Adobe’s Firefly app will be able to create content using third-party models and import it into the company’s other applications, like Photoshop.

    Adobe declined to reveal how the revenue will be divided between itself and third-party model providers. However, they will be able to pay for third-party models using the same system of credits that they use to pay for Adobe’s AI models.

    More and More big Companies Opting for AI

    Big businesses are setting the example as organisations begin to implement administrative reforms intended to create future value from emerging AI. Organisations are starting to take actions that have a direct impact on their bottom line, such as reworking procedures as they use gen AI and assigning senior leaders to crucial positions like managing AI governance, according to the most recent McKinsey Global Survey on AI.

    The results also demonstrate that companies are hiring for new AI-related positions and retraining staff to take part in AI deployment as they attempt to reduce an increasing number of gen-AI-related hazards. Businesses with yearly sales of at least $500 million are evolving faster than smaller ones.

    In general, the application of AI—both generative and analytical AI—keeps gaining traction: Currently, over 75% of those surveyed claim that AI is used in at least one business function at their companies. Particularly, the application of Gen AI is growing quickly.

  • Ray-Ban Meta Glasses with AI will Soon be Available in India

    The Ray-Ban Meta, one of Meta’s newest smart glasses, will soon be available in India, the company has revealed. These glasses, which are powered by Meta AI and provide a distinctive fusion of fashion and technology, were created in collaboration with the international eyewear manufacturer EssilorLuxottica.

    The glasses were first released in a few regions last year, but they are now being released in more nations, such as Mexico and the United Arab Emirates, with India likely to follow. The glasses, which are made for hands-free interaction, allow users to send messages, control music, translate languages, and ask enquiries by simply saying, “Hey Meta.”

     They can take pictures, record videos, and make calls via apps like Instagram, WhatsApp, and Messenger in addition to having built-in cameras and speakers.

    The Ray-Ban Meta spectacles were initially introduced in September 2023 as the successor to the original Ray-Ban Stories, which were released in 2021.

    Features of Ray-Ban Meta Glasses

    With this new iteration, Meta has expanded app support, enhanced design, enhanced sound quality, and added more potent AI functions. The glasses are made to feel and look like standard Ray-Bans. However, they are now packed with smart technology that allows users to keep their phone in their pocket and stay connected.

    One can use his glasses to take brief videos, listen to their favourite playlist, and communicate with Meta AI without using his hands. Live translation is one of its most notable characteristics. Real-time speech translation between English, French, Italian, and Spanish is supported via this tool, which is currently being made available worldwide.

    It can even function offline if the language packs are downloaded. This makes it particularly useful for travellers or anyone conversing with multilingual individuals. With a transcript shown on your phone and the translation appearing as audio through the glasses, communication becomes easier and more accessible.

    Bringing Online World in Front of Users’ Eyes

    Major music streaming services including Shazam, Apple Music, Amazon Music, and Spotify are also compatible with the glasses. Users may control playback, identify music, and play songs using a single voice command.

    In addition to their support for WhatsApp and Messenger, the glasses now enable direct messaging and calling over Instagram for users who use the app often. Meta is testing a cutting-edge function in a few countries that will allow the glasses to “see” user’s environment and react appropriately.

    Conversations can flow more naturally with this AI vision mode, eliminating the need to constantly say “Hey Meta”. Even though the functionality hasn’t been verified for India yet, it might be available when the glasses are formally released.

  • Swiggy and Zepto Received Notices from HC for Unfriendly Apps for Visually Impaired

    According to reports, the Delhi High Court (HC) has sent notifications to Zepto and Swiggy. This notice has been sent as their respective applications’ complicated user interfaces for those with visual impairments.

    The HC made the ruling after a hearing on a petition submitted by the non-governmental organisation Mission Accessibility. Justice Sachin Datta gave the Ministry of Electronics and Information Technology (MeitY) and both platforms four weeks to reply.

    The petition, spearheaded by accessibility advocate Amar Jain, contends that both platforms have not guaranteed compatibility with screen-reader software in spite of legislative requirements under the Rights of Persons with Disabilities (RPwD) Act, 2016. According to the petition, visually challenged individuals are unable to browse products or place orders on the two sites on their own because screen reader software is not included.

     The argument contends that these apps’ inaccessibility denies people with disabilities (PwDs) equitable access to basic services like grocery shopping and meal delivery. Hence, infringing on their constitutional rights. The next hearing on the case has been set for May 28 by the court.

    Rapido Also Navigating in Same Waters

    This comes after a comparable incident with the unicorn ride-hailing service Rapido. In September 2024, while considering a plea filed by Jain and visually challenged banker Dipto Ghosh Chaudhary, the Delhi High Court ordered Rapido to provide an accessibility audit and compliance report within three months.

     Users with disabilities encountered challenges in accessing services due to Rapido’s app’s lack of compatibility with screen-reading software, as emphasised in the petition. Rapido responded by promising to update its software within six to eight months to comply with accessibility guidelines.

    Rapido Failed to Fix the issue

    The high court voiced its displeasure with Rapido’s progress during a March hearing. The ride-hailing app was given a four-month deadline by the court to address accessibility concerns or “pack up from India”.

    The judge also asked how Rapido was permitted to operate without adhering to current handicap access legislation during the hearing.

    Rapido’s audit report, which was presented to the High Court, identified 81 significant accessibility failures and 170 accessibility problems at Level A of the fundamental Web Content Accessibility Guidelines (WCAG).

     Notably, both cases highlight the growing judicial scrutiny of Indian internet companies for not adhering to digital accessibility requirements set forth by Indian legislation, specifically the RPwD Act of 2016.

  • Rakesh Ranjan, Head of Zomato’s Food Delivery Division, Resigns

    According to a media report, Rakesh Ranjan, the CEO of Zomato‘s meal delivery company, will be leaving his current role. As per the published news, Deepinder Goyal, the creator and group CEO of Zomato, would oversee food delivery operations in the upcoming months.

     Rakesh Ranjan will undoubtedly stay with the company and not be leaving. According to the report, this was a component of the company’s biannual leadership reorganisation.

    As part of the company’s continuous attempts to maximise organisational effectiveness, Zomato’s spokeswoman said that internal reorganisation of the executive team is seen as a routine practice at Eternal Group.

    Food Delivery Sector Witnessing a Meltdown

    Although Zomato regularly restructures its leadership, the management shift coincides with a slowdown in the larger food delivery sector. According to Rakesh Ranjan, the food delivery industry is currently seeing a widespread downturn in demand that began in the second half of November.

     In his January 20 shareholder letter detailing the company’s quarterly results, he made this announcement. Ranjan has worked at the Gurugram-based company for almost eight years, having been appointed CEO in June 2023.

     Zomato was already leading the market when Ranjan took over, but throughout the previous few months, it increased its advantage. However, the meal delivery industry is still developing since there is still no obvious leader, and Swiggy and Zomato’s market shares fluctuate periodically.

    Not just Zomato, the industry leader in meal delivery, is seeing a slowdown. In line with peers, Swiggy, its rival, has also experienced a downturn.

    Major Changes in Leadership at Zomato

    Zomato has made two significant leadership changes in its meal delivery company in the midst of a slower market and some market share erosion.

    Rakesh Ranjan has been replaced as the unit’s CEO by Deepinder Goyal, and earlier this month, Rinshul Chandra resigned as the chief operational officer (food delivery).

    Delhi HC Notifies Zomato and CCI

    As part of an ongoing antitrust probe against the foodtech giant, the Delhi High Court (HC) has sent notice to Zomato and the Competition Commission of India (CCI).

    According to reports, the HC made the rulings at a hearing on a plea against the National Restaurant Association of India’s (NRAI) exclusion from the confidential ring during the investigation. The HC was also urged by the NRAI to examine the company’s confidentiality claims.

    The confidential ring was first introduced in 2022 and gives parties access to private documents or information about other parties in an inquiry so they can better defend themselves.

    The confidentiality ring aids regulators in quickly resolving complaints, subject to specific riders. Exclusion from the ring inhibits a petitioner’s capacity to make a defence.

    It is important to remember that in October 2024, the competition watchdog removed the NRAI from the ring after it had been first included.

    At the hearing on 21 April, Zomato’s lawyer allegedly argued that the NRAI should not be included in the confidential ring because it included companies that are competitors of the foodtech juggernaut.

  • Xpressbees – India’s Leading Logistics Service Provider!

    Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations.

    Receiving and delivering goods is an indispensable part of every industry. Collecting the resources, segregating and allocating the specific deliverer are important measures undertaken to meet the standards of customers. It keeps the stream of the e-commerce industry alive.

    Xpressbees is India’s leading logistics service provider and it has a great network of supply chain management across the country. The company was started in 2015 and now, it has more than 10,001 employees.

    Here are the most recent developments about Xpressbees, including its funding and investors, company and revenue strategy, funding rounds, name and slogan, growth and investors, competitors, and more.

    Xpressbees – Company Highlights

    Startup Name Xpressbees
    Headquarters Pune, Maharashtra, India
    Sector E-Commerce
    Founders Amitava Saha, Supam Maheshwari
    Founded 2015
    Parent Organization Busybees Logistics Solutions Private Limited
    Website xpressbees.com

    Xpressbees – About
    Xpressbees – Industry
    Xpressbees – Founders and Team
    Xpressbees – Vision and Mission
    Xpressbees – Name, Tagline, and Logo
    Xpressbees – Business Model and Revenue Model
    Xpressbees – Funding and Investors
    Xpressbees – Financials
    Xpressbees – Product and Service
    Xpressbees – Acquisitions
    Xpressbees – Competitors
    Xpressbees – Future Plans

    Xpressbees – About

    Xpressbees was started in 2015 by Amitava Saha and Supam Maheshwari. With its exclusive transportation and delivery framework, the company offers a variety of logistics services locally and globally. It names the services as E-commerce Logistics, Express Cargo, Cross-border Logistics, and Fulfillment Services. With modest, cutting-edge technology and Reverse Logistics, Xpressbees fulfills the customers’ needs with timely delivery. Xpressbees is associated with brands like Flipkart, ICICI Bank, TATA Cliq, Schneider Electric, and many others.

    Xpressbees – Industry

    The logistics and courier delivery services industry is an ever-expanding sector across the globe. Statista referred logistics industry as one of the “backbones of international trade worth over 5.7 trillion euros.” The global market size of the logistics industry is over $8.5 trillion.

    The Indian logistics market is not alien to growth either. It was last valued at around $250 billion in 2021, which has the potential to grow by $380 billion by 2025. This growth that the courier and logistics industry expects is because of the emergence of new-age courier and delivery companies and startups that are fuelled by cutting-edge technology.

    Xpressbees and other Courier and Logistics Companies Market Share in India
    Xpressbees and Other Courier and Logistics Companies Market Share in India

    Xpressbees – Founders and Team

    Supam Maheshwari and Amitava Saha are the Founders of Xpressbees.

    Supam Maheshwari

    Supam founded his first venture, FirstCry.com in 2010. He did his BTech in Delhi College of Engineering and he is a graduate of IIM Ahmedabad. Supam was the co-founder and CEO of Brainvisa Technologies from 2000–2009, which he started with Amitava Saha and eventually sold it. Maheshwari is currently known as the Co-founder of Xpressbees.

    Supam Maheshwari, Xpressbees Co-founder
    Supam Maheshwari, Xpressbees Co-founder

    Supam Maheshwari – CEO & Co-Founder of First Cry
    Supam Maheshwari is co-founder & CEO of FirstCry. He also founded Babyhug-owned brand BrainBees & Xpressbees. Know more about Firstcry founder.


    Amitava Saha

    Amitava Saha is also the Co-founder of FirstCry.com along with being the Co-founder and CEO at Xpressbees. He was a BTech student at IIT Varanasi and then obtained a PGDM degree from IIM Lucknow. Before founding Xpressbees with Supam, Amitava has served as a Senior Officer at Tata Steel; a Sr. Business Development Executive at NIIT Technologies, and a Business Development Manager at Aricent. He then started with Brainvisa Technologies, where he served as a Director, and a VP, who was eventually promoted to the position of Senior VP. Amitava Saha then decided to found FirstCry, where he served as the Co-founder and COO, after which he founded Xpressbees. He has more than 17 years of experience in sales and operations.

    Amitava Saha - Co-founder and CEO of Xpressbees
    Amitava Saha – Co-founder and CEO of Xpressbees

    The company currently works with more than 10,001 employees.

    Xpressbees – Vision and Mission

    The vision and mission of Xpressbees are to evolve as the best logistics solutions provider for all import and export services.

    The Xpressbees logo has the words Xpressbees delivering happiness on it. The name ‘Xpressbees’ depicts the rapidity of the company’s distribution and conveyance. ‘Delivering Happiness’ is the Tagline of Xpressbees.

    Xpressbees Logo
    Xpressbees logo

    Xpressbees – Business Model and Revenue Model

    The Xpressbees business model operates on B2B, B2C, Cross Border & 3PL Logistic Service Provider models. Their B2B business model involves providing services to other companies and online markets. B2C E-Commerce model includes selling goods to the end customers. The cross-border strategy is focused on offering customers a straightforward, seamless door-to-door service, regardless of the amount of luggage that needs to be transported. 3PL Logistic business model involves of commitment of outsourcing its distribution services to third-party logistics businesses. The major source of revenue for Xpressbees also lies in the fulfillment services which comprises warehousing and transportation.


    Transport and Logistics Business Industry opportunities in India
    The transport and logistics industry in India is more lucrative than other
    businesses for any individual to start up a business with moderate capital
    investment. India being one of the fastest growing and developing economies in Asia, the
    transport and logistics industry in India shows a superior g…


    Xpressbees – Funding and Investors

    The Xpressbees funding rounds have helped the company raise $622.4 million over 11 rounds of funding. The last round that Xpressbees received on November 6, 2023, was worth $80 million , which came from Teacher’s Venture Growth.

    Date Stage Amount Investors
    November 6, 2023 Series G $80 million Teachers’ Venture Growth
    April 28, 2023 Secondary Market $40 million Khazanah Nasoinal
    August 2, 2022 Secondary Market $24 million Avendus Future Leaders
    February 9, 2022 Series F $300 million Blackstone Group, TPG Growth, Chrys Capital
    November 10, 2020 Series E $110 million Gaja Capital, Investcorp, Norwest Venture Partners
    January 3, 2020 Series D $10 million Alibaba Group
    February 20, 2019 Debt Financing $4.45 million InnoVen Capital
    January 30, 2018 Series D $29.30 million Alibaba Group
    January 3, 2018 Corporate Round $100 million Alibaba Group
    February 1, 2017 Venture Round
    February 19, 2016 Seed A $12.4 million
    September 1, 2015 Seed $5 million

    Xpressbees – Financials

    Xpressbees Financials FY24 FY23
    Operating Revenue INR 2831 crore INR 2521 crore
    Total Expenses INR 3143 crore INR 2785 crore
    Profit/Loss INR -200 crore INR -180 crore
    Xpressbees Financial
    Xpressbees Financial

    EBITDA

    With expenses growing faster than revenue, XpressBees’ net loss widened by 11%, rising to INR 200 crore in FY24 from INR 180 crore in FY23. However, the Pune-based firm achieved EBITDA positivity, reporting an EBITDA of INR 5 crore for the same period. The company’s ROCE stood at -8.32%, while its EBITDA margin came in at a modest 0.17%. On a per-unit basis, XpressBees spent INR 1.11 to earn every rupee in revenue during FY24.

    ExpressBees recorded current assets worth INR 1867 crore in FY24 including INR 1331 crore in cash and bank balances.

    Xpressbees FY23-FY24 FY24 FY23
    EBITDA Margin 0.17% -1.73%
    Expense/INR of Op Revenue INR 1.10 INR 1.11
    ROCE -10.79% -8.32%

    LogYcode – Making Logistics Easy and Seamless for the nation!
    Logistics and supply chain management are the most important attributes for
    manufacturing and servicing industries. For any business in the ecosystem, an
    optimized logistical chain is a must. With the vision to create a platform or a
    marketplace and a central grid which will facilitate the trade sta…


    Xpressbees – Partnership

    SpiceXpress

    On July 26, 2021, Xpressbees declared that, in an effort to bolster its position in the logistics industry, it had formed an exclusive strategic business partnership with SpiceXpress.

    ONDC

    The Open Network for Digital Commerce (ONDC) and e-commerce logistics company Xpressbees have partnered up on November 23, 2023, to provide broad delivery services throughout 20,000 pin codes in India.

    Xpressbees – Product and Service

    Same Day, Next Day Deliveries for D2C brands

    On June 21, 2022, Xpressbees introduced same-day delivery (SDD) and next-day delivery (NDD) platforms aimed at traditional brands and direct-to-consumer (D2C) businesses.

    XPRESSATHON

    Declare that in December 2021, Xpressbees will present “Xpressathon,” the first-ever pan-Indian coding innovation contest. Developers, analysts, and the programming community are invited to take part in Xpressathon, a virtual challenge, and create solutions that could potentially address some of the real-time logistic

    Xpressbees – Acquisitions

    Xpressbees, has recently acquired Trackon, a courier-based business that was founded in January 2002. Over 5,000 pin codes have been served, and more than 2 lakh consignments have been handled since it began with two sites in Delhi and Mumbai. It has a presence all across the nation.

    Xpressbees – Competitors

    The major competitors of Xpressbees are:

    Xpressbees withstands its position with an expansive network and matchless logistics services.

    Xpressbees – Future Plans

    Xpressbees’ future plans include expanding their delivery network, leveraging technology for efficiency, and exploring new business avenues like B2B deliveries and omnichannel solutions. They aim to offer a premium service with an emphasis on technology and to continue expanding their presence in smaller cities and towns. Additionally, they are looking to acquire companies like Trackon to further their reach in the SME courier space. 

    FAQs

    Who is the owner of Xpressbees?

    Xpressbees is owned by Busybees Logistics Solutions, which was founded by Amitava Saha and Supam Maheshwari.

    Who are the Xpressbees competitors?

    Some Xpressbees competitors are Ecom Express, Delhivery, FSC, Ekart Logistics and DTDC.

    How does the Xpressbees Revenue model work?

    The major source of revenue for Xpressbees also lies in the fulfillment services which comprises warehousing and transportation.

    Who is the CEO of Xpressbees?

    The CEO of Xpressbees is Amitava Saha.

  • Avaana Capital Leads INR 32 Crore Bet on Insect Biotech Pioneer GreenGrahi

    It is the largest investment in India’s insect-based protein and agri-biotech sector to date.

    Avaana Capital, a venture capital fund focused on backing deep-tech and frontier innovation, has led an INR 32 crore (approx. $3.8 million) seed funding round in GreenGrahi, a next-generation biotech company building resilient & scalable alternatives to conventional animal feed and chemical agriculture inputs using insect biotechnology.

    This marks the largest-ever funding round in India’s insect biotech space. The round also saw participation from existing investors Huddle Ventures, Campus Fund, Blume Founders Fund, and leading angel investors, including Nitin Sharma (Nexus Ventures), Anchit Gupta (Samara Capital), David Chen (Equilibrium Capital), and Sameer Brij Verma (Northpoint Capital).

    GreenGrahi is creating category-shaping innovation in the food and agri-tech space,” said Shruti Srivastava, Investment Director at Avaana Capital. “Their proprietary insect biotechnology and bioprocessing platform enables the production of high-performance, cost-efficient ingredients at scale—helping build resilient food supply chains for global food security through science-backed, market-ready solutions.”

    “We’re excited to double down on our investment in GreenGrahi as they lead India’s journey in the insect bio manufacturing industry. The timing is right, the demand is real, and India needed a bold, full-stack operator to build for both local and global markets. We’re proud to back the team as they launch the country’s first and largest BSF bio-factory, and look forward to their continued progress in market adoption and measurable impact.”, said Ishaan Khosla, Partner at Huddle Ventures.

    Founded by Shivali Sugand and Siddharth Sharma, GreenGrahi is developing a differentiated insect biotechnology platform powered by the Black Soldier Fly (BSF) and its unique microbiome. The company produces high-performance insect proteins, functional oils, and hydrolysates tailored for aquaculture, poultry, and pets, designed to deliver superior nutrition, better digestibility, and greater price stability compared to conventional inputs like fishmeal and soya. Alongside, GreenGrahi has built a new generation of biological agri-inputs—including biofertilizers, biostimulants, and biopesticides—that help improve soil health, boost crop resilience and yield, and reduce the need for chemical fertilisers and pesticides.

    The company’s proprietary biomanufacturing system ensures consistent quality and high conversion efficiency, enabling price points that unlock mass-market applicability, moving insect protein and biologicals beyond niche use cases.

    As wild fish stocks continue to decline and protein demand rises, the pressure on aquafeed and livestock inputs is only going to grow,” said Siddharth Sharma, Co-Founder of GreenGrahi. “We’re building a platform that makes high-quality, science-driven feed and agri-inputs accessible, affordable, and scalable for global markets.

    GreenGrahi is already supplying to partners in the shrimp, poultry, and pet food sectors, with results including:

    • 7% improvement in shrimp growth and survival rates
    • 10% higher weight gain and 28% more egg production in poultry
    • Enhanced gut health, immunity, and palatability in functional pet food applications

    In agriculture, its biological products have demonstrated 25–30% yield improvements, better soil nutrient retention, and reduced pest attacks—delivering higher farmer incomes while helping offset the environmental costs of synthetic inputs.

    The ₹32 crore raise will be used to build India’s largest BSF bio-factory, capable of processing 150 tons of feedstock daily. With ready access and demand of 510 Crores annually for its products, the company will also expand its scientific team and enter global markets, including the US, UK, and EU.

    By combining cutting-edge microbiome science, bioengineering, and a strong manufacturing backbone, GreenGrahi is creating a reliable, cost-effective alternative to some of the most strained links in today’s food supply chain—from protein to crop inputs—while unlocking more value from underused agri-residues.

    About Avaana Capital

    Avaana Capital is India’s first and largest institutional investor in frontier innovation, investing in future market leaders leveraging deep technology to pioneer globally competitive solutions in Energy Security, Supply Chain Resilience, fortified Food Systems and Advanced Materials while delivering transformational impact and long-term value.

    Avaana’s portfolio features startups such as Kazam, AmpereHour, Dreamfly Innovations, Sentra.world, Eeki Foods, Aerem, FarMart, Turno, Terra.do, Phyx44 Labs, Eggoz, and more. Avaana’s Team has previously invested in category leaders like Delhivery, Nykaa, Urban Company, Shadowfax, NinjaCart, Moveinsync, and Tonbo Imaging.

    About GreenGrahi

    GreenGrahi is a biotech company using insect-based technology to turn agricultural waste into high-quality protein for animal feed and organic inputs for farming. Founded by Shivali Sugand and Siddharth Sharma, the company works with Black Soldier Fly (BSF) larvae to produce sustainable alternatives to fishmeal, chemical fertilizers, and pesticides. GreenGrahi’s science-led approach helps reduce landfill waste, cut carbon emissions, and improve food and farm systems in a way that’s better for both people and the planet. With its upcoming BSF bio-factory, GreenGrahi is working to bring cleaner, more efficient solutions to the global food and agriculture industry.


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  • Meta Releases Edits, Free App for Instagram Users

    Edits is a new software that Meta has released. With this brand-new tool, users can shoot, edit, and export videos—including Instagram Reels. This can be done straight from their smartphones on both the iOS and Android operating systems.

     Meta claims that by providing an all-in-one solution, Edits is intended to streamline the content development process. It claims that using its new app to film, edit, and post removes the need to transfer between several apps.

    Edits is a stand-alone program that can be used to edit videos on any site, including Facebook and Instagram, in contrast to Instagram’s built-in editing capabilities. Users must, however, sign on with their Instagram login information.

    Edits Comes With Unique Features

    The Edits app has a number of integrated features designed to streamline mobile video production and make editing easier. Within the software, users can record video snippets that last no more than ten minutes each.

    According to Meta, the purpose of this function is to allow users to produce lengthier films without having to transfer between programs. A timeline-based editing interface is another feature of the software that allows users to add visual effects, apply transitions, and trim clips.

    Additionally, it has green screen capabilities that let users change the background. Users can save or share their edited films straight to Facebook, Instagram, and other websites. Meta claims that exported videos are watermark-free, enabling cleaner uploads.

    In addition to editing and exporting, the Edits app shows viewer engagement metrics, such as skip rates, once the video has been posted on a platform. Creators and other users may find this information useful in understanding how their work is being received and where viewers tend to lose interest, according to Meta.

    Steps to Follow to Get Edits

    The Edits app is available for download from the Google Play Store or App Store. Users will need to enter their Instagram login information after downloading.

    After logging in, users have the option to import film from their phone’s gallery or capture video from within the app. Users can edit audio, apply visual effects, rearrange clips, and chop chunks of film once it has been loaded into the timeline editor.

    Videos can be exported and shared on a variety of social networking sites after editing is finished. According to Meta, Edits is a part of a larger initiative to give creators more tools without relying on third-party software.

    Edits can be downloaded for free right now. All of the existing features are available for free, and no subscription is needed. Whether any upcoming features will be paid for or protected by a paywall has not been verified by Meta.