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Artificial Intelligence Task Force For New India

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Smt. Nirmala Sitharaman, the Minister of Commerce and Industry has constituted a task force on artificial intelligence for India’s Economic Transformation. The task force will be chaired by V. Kamakoti of IIT Madras, a professor in the Department of Computer Science and Engineering.

The task force will explore possibilities to leverage artificial intelligence for development across various fields. The power of big data, high computing capacity, artificial intelligence and analytics will be used to prepare for industrial revolution 4.0 and digitize the manufacturing sector. In a press release, the minister said with rapid development in the fields of information technology and hardware, the world is about to witness a fourth industrial revolution.

The 18 member panel will comprise of experts, academics, researchers, industry leaders and more members from various government departments and private companies such as HCL Technology and Tata Consultancy Services. Official participation from NITI Aayog, Ministry of Electronics and Information Technology, Department of Science & Technology, UIDAI and DRDO will also be requested in addition to the regular members.

The Mint reported the task force will submit their first concrete and implementable recommendations for government, industry and research institutions within four months, according to Kamakoti. The committee will focus on agriculture, transportation and other wide spectra of areas including the types of tools, interoperability, standardization and skill sets needed for artificial intelligence and machine learning.

As per the official press release, the task force will include the following members
1.  Dr. V. Kamakoti, IIT Madras, Chairperson
2.  Mr. Anuj Kapuria, High Tech RoboticSystemz Ltd., Member
3.  Dr. Anurag Agarwal, Institute of Genomics & Integrative Biology, CSIR, Member
4.  Dr. Ashish Dutta, IIT Kanpur Member
5.  Ms. Ashwini Asokan, Mad Street Den, Chennai, Member
6.  Mr. Gautam Shroff, Vice President & Chief Scientist, TCS Innovation Labs, Tata Consultancy Services, Gurgaon, Member
7.  Mr. G. H. Rao, HCL Technology, Member
8.  Mr. G. Madhusudan, IIT Madras, Member
9.  Mr. G. V. N. Apparao, Ex Chief Technology Officer (CTO), Cognizant, Member
10. Ms. Komal Sharma Talwar, Founder, XLPAT Member
11.  Mr. Kunal Nandwani, Founder &  CEO, uTrade Solutions, Member
12.  Dr. Shantanu Chaudhary, IIT Delhi, Department of Electrical Engineering, Member
13.  Mr. Vijay Kumar Sankarapu, Founder & CEO, Arya.in, Member
14.  Mr. Ajay Kumar, Additional Secretary, Ministry of Electronics & IT, Member
15.  Mr. Amandeep Gill, Ambassador/PR to CD, Geneva, Member
16.  Mr. K. Nagaraj Naidu, Joint Secretary (ITPO), Department of Economic Affairs, Ministry of Finance, Member
17.  Dr. Aloke Mukherjee, DRDO, Member
18.  Mr. Ravinder, Joint Secretary, DIPP, Ministry of Commerce & Industry, Convenor

The commerce minister’s official Twitter account also tweeted about the task force

 

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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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Flipkart’s Jeyandran Venugopal Likely to Join Reliance Retail as CEO

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Jeyandran Venugopal, the outgoing Chief Product and Technology Officer of Flipkart, is set to become the CEO of Reliance Retail Ventures (RRV), the retail arm of Reliance Industries. His appointment, expected to be finalized in May after his exit from Flipkart, signals Reliance’s push to strengthen its retail business with a technology-first approach.

Venugopal brings extensive experience from leading roles at Flipkart, Myntra, Yahoo, Snapdeal, and Amazon, where he focused on scaling technology platforms and driving innovation. At Flipkart, he managed product, engineering, data science, and more, helping build robust systems and improve user experience.

His move comes as Reliance Retail undergoes transformation, including cost-cutting and a renewed focus on digital growth. Venugopal’s leadership is expected to accelerate Reliance’s ambitions in omnichannel and tech-driven retail, positioning the company for continued dominance in India’s evolving market.

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