GENERAL CATALYST-BACKED ride-hailing platform inDrive is exploring an entry into the last-mile delivery market, according to its India country manager, Pratip Mazumder.
Speaking to FE, Mazumder highlighted the potential of a "logistics as a service" model, drawing parallels to software as a service (SaaS). "Food delivery and quick commerce are fundamentally logistics businesses. Solve logistics, and you solve both these segments," he said.
Esta historia es de la edición December 25, 2024 de Financial Express Kolkata.
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Esta historia es de la edición December 25, 2024 de Financial Express Kolkata.
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Inflection point
GenAI has unlocked a new dimension of efficiency & innovation
India to enter new era in 2028, says Andhra CM Naidu
SIGNALS WILLINGNESS TO WORK WITH THE US, MORE BALANCED RELATIONSHIP WITH CHINA
Anatomy of economic slowdown
WHEN GROWTH IS DECOMPOSED, BOTH MOMENTUM DECLINE AS WELL AS BASE EFFECTS PLAY A ROLE
66 Dead, 51 Hurt in Turkey Ski Resort Fire
A fire at a ski resort hotel in Turkey's Bolu mountains killed 66 people and injured 51 others on Tuesday, forcing panicked guests to jump out of windows in the middle of the night.
Brokerages positive on Paytm; shares fall
MAJOR BROKERAGES REMAIN positive on Paytm as the fintech managed to narrow its third quarter net loss, with the company continuing to witness an improvement in business metrics.
South Indian Bank posts ₹342-cr profit
SOUTH INDIAN BANK has posted a 12% year-on-year growth in net profit for the third quarter at ₹341.87 crore.
PLI release for 6 sectors at ₹1,596 cr in H1FY25
THE GOVERNMENT HAS disbursed ₹1,596 crore under the production-linked incentive (PLI) scheme for six sectors, including electronics and pharmaceuticals, in the first half of this financial year, a senior official said on Tuesday.
Banks run Trump 'war rooms' as bosses prepare for trade ructions
JPMORGAN CHASE & Co bankers worked through the night in a \"war room\" to assess the impact of US President Donald Trump's inauguration-day executive orders, while global markets braced for volatility following his return to the White House.
Tenuous Gaza ceasefire
A permanent cessation of hostilities to facilitate reconstruction, however, is an open question
Empowering privacy, enforcing security
The Centre set up an expert committee under the chairmanship of Justice BN Srikrishna to prepare a white paper on data protection framework for India.
