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Ola To Stop Surge Prices During The Odd Even Rule In Delhi.

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Ola To Stop Surge Prices In Delhi,Startup Stories,Inspirational Stories 2017,Business News Updates 2017,Odd Even Scheme In Delhi,No Surge Pricing by Ola Cabs,Ola and Uber Cabs no surge Price,odd even car scheme,Ola Announce No Peak pricing Scheme,Ola and Uber Cabs Latest News

In light of the recent increase of pollution levels in Delhi, the Indian Government said they would issue an odd even car number plate policy in Delhi. This move has been taken to reduce the amount of pollution in Delhi. Favoring the odd even scheme, app based cab aggregator, Ola, said they will make sure there are no surge prices once this rule has been implemented. Transport Minister, Kailash Gahlot, confirmed meeting with Ola representatives to ensure there is no surge during the implementation of the odd even car scheme. 

The current levels of pollution and resultant smog in the national capital are worrisome and it is imperative that we join hands with the government in their efforts to curtail this situation. We welcome the odd even initiative and needless to say, have suspended peak pricing in Delhi,” Ola said in a statement. The company further added, Ola will slash the prices and start the base rate of Rs. 35. Ola believes shared mobility can help in reducing the pollution issue.

The company plans on starting this scheme on 13 November 2017. The Delhi Government is in talks with Uber as well and plans on working in tandem with both these app based cab aggregators.

Uber has already agreed to work with the Delhi Government and is working hard to ensure there is a combined agreement with both Ola and Uber on this issue. The odd even car scheme was implemented last year in Delhi in view of the rise in population levels in Delhi. Looking at the alarming rise in pollution levels this year, the Delhi Government decided to put this scheme in place for five days, that is, from 13 November 2017 to 18, November 2017.

The rules will remain the same as last year. On even dates, only cars with license plates ending with an even number will be allowed on city roads and on odd dates, cars with license plates ending with an odd number will be allowed.

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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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