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American CEO’s Round Table Conference With PM Narendra Modi

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American CEO Round Table Conference With PM Narendra Modi,startup stories,startup stories india,Inspiration Stories,Prime Minister Narendra Modi,Digital India,President Donald Trump,Narendra Modi US visit,PM Modi meets US CEOs

Prime Minister Narendra Modi met the CEOs of the top American companies on his latest visit to America. On the first day of his three day tour, PM Narendra Modi met with 21 CEOs in Virginia and spoke about India’s new business friendly policies, highlights of the Goods and Services Tax among other things.

Google’s Sundar Pichai, Amazon’s Jeff Bezos, Apple’s Tim Cook, Mastercard’s Ajay Banga, CISCO’s executive chairman John Chambers and Deloitte’s Global CEO Punit Renjen were a few of the notable CEOs present at the round table.

Inviting the companies to explore and invest in India, PM Modi added growth that can be seen in India presents a win-win partnership for both India and the United States. He also said that the Government of India has implemented 7000 reforms for ease of business that involves minimum government and maximum governance.

Speaking about the conference, Sundar Pichai praised Narendra Modi’s efforts and the steps taken during his three year tenure to improve business opportunities in the country. After the meeting concluded Pichai said everyone was excited to invest in India and see what all of them can do together. The discussion was across many industries and PM Modi was looking for insights to attract more foreign investments in India, he added.

Concluding the conference PM Narendra Modi stressed the importance of cooperation for startups, innovation, education and training potential in India. The CEOs also expressed their support and appreciated the flagship initiatives by the government such as Startup India, Digital India and Make in India.

Amazon CEO Jeff Bezos tweeted about the conference, calling it a terrific meeting with the Indian Prime Minister. Bezos added that he was excited to keep investing and growing. 


Later today, PM Narendra Modi will be meeting President Donald Trump to discuss on various issues ranging from bilateral talks about H-1B visa and the Paris Climate Accord.

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Apple to Shift Entire US iPhone Assembly to India by 2026

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Apple - StartupStories

Apple is set to relocate all assembly of iPhones destined for the US market from China to India by the end of 2026, marking its biggest manufacturing shift in decades. The move is driven by escalating US-China trade tensions and steep tariffs—up to 145% on Chinese imports—making Chinese assembly increasingly costly for Apple. Although some smartphone imports are temporarily exempt, a 20% duty still applies to Chinese-made iPhones entering the US.

 

India, in contrast, offers a more favorable trade environment, with a paused 26% reciprocal tariff and ongoing negotiations for a bilateral trade deal with the US that could shield Indian exports from future levies. Apple plans to more than double its current iPhone output in India, aiming to assemble over 60 million units annually for the US market. The company already produces about 25% of its global iPhones in India, working with partners like Foxconn, Tata Electronics, and Pegatron.

 

This shift is part of Apple’s broader strategy to diversify its supply chain and reduce reliance on China amid geopolitical risks. However, the transition’s success will depend on how quickly India can scale up its manufacturing capabilities and the outcome of ongoing trade negotiations.


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PhonePe’s PINCODE Launches 10-Minute Medicine Delivery in Cities

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PhonePe

PhonePe’s PINCODE app has launched a 24×7 online medicine delivery service in Bangalore, Mumbai, and Pune, promising delivery of both prescription and over-the-counter medicines within 10 minutes from nearby local medical shops. Unlike conventional e-pharmacies that use dark stores, PINCODE partners exclusively with neighborhood pharmacies, enabling faster deliveries and supporting local businesses in the digital economy.

Customers without prescriptions can select a “no prescription” option when ordering; a qualified doctor then provides a free teleconsultation and issues a digital prescription compliant with telemedicine guidelines, ensuring seamless access to medicines. The app offers competitive pricing by passing discounts from local pharmacies directly to customers and charges no delivery fees.

PINCODE’s hyperlocal model enhances healthcare accessibility and convenience while empowering local pharmacies, helping them remain integral to their communities and stimulating local economic growth. Launched in 2023, the app focuses on quick commerce with an emphasis on speed, reliability, and supporting local sellers.

In summary, PhonePe’s PINCODE app is transforming medicine delivery in major Indian cities by combining ultra-fast 10-minute delivery, free doctor consultations, and a hyperlocal sourcing model that benefits both consumers and neighborhood pharmacies.

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Piyush Anchliya Joins Cashfree as CFO Amid Fintech Boom

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Cashfree Payment - StartupStories

Cashfree Payments has appointed Piyush Anchliya as its new Chief Financial Officer (CFO), effective April 15, 2025. Anchliya brings over 15 years of experience in investment banking, corporate finance, strategy, and mergers and acquisitions, with senior roles at Barclays, Bandhan Group, and most recently as CFO of Bandhan AMC. He holds an MBA from IIM Ahmedabad and a B.Tech. from IIT Kharagpur.

In his new role, Anchliya will lead Cashfree’s financial strategy, optimize operations, and support the company’s next growth phase. He will report to CEO and Co-founder Akash Sinha, who highlighted Anchliya’s expertise as vital for sustainable scaling and strengthening the company’s financial foundation. Anchliya succeeds outgoing CFO Vikas Guru, who will assist during the transition.

Founded in 2015, Cashfree Payments processes over $80 billion annually for more than 800,000 businesses. The company recently raised $53 million in funding led by KRAFTON and Apis Growth Fund II and secured key RBI licenses, positioning it for accelerated growth in India’s fintech sector. Anchliya’s appointment comes at a pivotal time as Cashfree aims to expand its leadership in digital payments.

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