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India Gives Green Signal To Net Neutrality!

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India Gives Green Signal To Net Neutrality,Startup Stories,Startup News India,Latest Business News 2018,India Net Neutrality,Net Neutrality Effect in India,Net Neutrality India 2018,Latest Rules of Net Neutrality,Net Neutrality Rules,India Implements Net Neutrality New Rules

The country of millennials, India just made a big announcement regarding the latest rules of net neutrality. India wants to make sure they provide an open and fair internet for nearly half a billion people! 

Here’s what is in store for the Internet in India!

India’s Department of Telecommunications (DoT) approved net neutrality rules that bans blocking and zero rating of internet data. The framework of net neutrality which was published last year as a recommendation from the Telecom Regulatory Authority of India (TRAI,) was the culmination of years long campaign for net neutrality. However, they were seeking public opinions on potential changes to internet regulations since 2015. TRAI had recommended the implementation of neutral internet rules in 2017. Now, years later, the news of approval from the government of India comes to the headlines. The new rules by the DoT prevent any internet service provider (ISP) from blocking, throttling, slowing down or granting any special treatment to any content available on the internet. However, these rules do not apply to critical IoT services or specialized services including autonomous vehicles and remote surgery operations. According to sources, TRAI head R.S. Sharma said while comparing the rules to ambulances that can legally disobey traffic rules, or in this case, get prioritized status to maintain service quality. Speaking about the Internet service providers, they need to agree to the deal when they sign license agreements with the Department of Telecommunications. Those who violate the rules could have their licenses cancelled. Internet service providers cannot perform actions involving blocking, degrading, slowing down or granting preferential speeds or treatment to any content!

Here’s what the official Twitter handle of TRAI posted!

Internet access services should be governed by a principle that restricts any form of discrimination or interference in the treatment of content, the Indian regulations stated.

 

 

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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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