Connect with us

Latest News

Paytm Introduces Food Wallet, Gives Tough Fight To Sodexo

Published

on

paytm, paytm introduces food wallet, paytm sodexo, paytm vs sodexo,paytm online food wallet, paytm food wallet, big bazaar, kfc, cafe coffee day, burger king, big bazaar, sodexo, ticket restaurant, sodexo to get competition from paytm, ticket restaurant to get heavy competition from paytm, paytm vs ticket restaurant, latest e commerece news,

On Monday, The digital payments company Paytm (One97 Communications) announced the launching of Paytm Online Food Wallet. It helps companies to sort out instant and tax-free food allowances to employees.

Sodexo and Ticket Restaurant handle the process of food coupons of employees. The RBI released guidelines for digitization of coupon operators by end of May 2017.

The new food wallet by Paytm allows employers to pass food allowances of employees under the approved tax redemption bracket of Government. You can find the food wallet in the Paytm application and all the food allowances passed will be digital, removing the problems like loss of data and expiry.

This digitization process banishes the distribution of bulky cards and coupons.

The food wallet can be redeemed at office cafeterias, many online and offline stores like KFC, Cafe Coffee Day, Burger King and Big Bazaar. This also allows employees to use multiple benefits which include exclusive discounts, deals, and cash backs.

In this food wallet, Paytm also embedded a Nearby feature so that it allows the employees to search for nearest food outlets. The food wallet icon can be seen below the passbook option in the Paytm app. The food wallet balance can also be used at supermarkets, grocery stores, restaurants and pubs (T&C applicable).

The employee can opt to pay out daily, monthly or quarterly. Paytm is not the first to introduce the online food vouchers, Mobikwik launched its product ReMP which automates HR in reimbursing the travel, medical and food expenses of employees fastly.

By the launching of Digital Food wallets, the online payments legend Paytm opened its new sector and will give tough competition to existing coupon providers Sodexo and Ticket Restaurant.

Continue Reading
Advertisement
7 Comments

7 Comments

  1. Aibexomx

    May 27, 2025 at 1:34 am

    Explore the ranked best online casinos of 2025. Compare bonuses, game selections, and trustworthiness of top platforms for secure and rewarding gameplayBonus offer.

  2. Kuwin

    November 6, 2025 at 6:14 am

    kuwin sở hữu kho game đa dạng từ slot đến trò chơi bài đổi thưởng, mang đến cho bạn những giây phút giải trí tuyệt vời.

  3. GO88

    November 6, 2025 at 8:01 am

    Tham gia cộng đồng game thủ tại Go88 để trải nghiệm các trò chơi bài, poker phổ biến nhất hiện nay.

  4. ios超级签

    November 10, 2025 at 12:52 pm

    苹果签名,苹果超级签平台,ios超级签平台ios超级签苹果企业签,苹果超级签,稳定超级签名

  5. MM88

    November 13, 2025 at 6:57 am

    Khám phá thế giới giải trí trực tuyến đỉnh cao tại MM88, nơi mang đến những trải nghiệm cá cược thể thao và casino sống động.

  6. iwin

    November 18, 2025 at 2:59 am

    iwin – nền tảng game bài đổi thưởng uy tín, nơi bạn có thể thử vận may và tận hưởng nhiều tựa game hấp

  7. MM88

    November 23, 2025 at 7:46 am

    Với giao diện mượt mà và ưu đãi hấp dẫn, MM88 là lựa chọn lý tưởng cho các tín đồ giải trí trực tuyến.

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

₹290 Crore Boost: Rozana’s Series B Funding Scales Rural Retail Network Nationwide

Published

on

rozana

Rozana, India’s leading rural retail platform, has secured ₹290 crore ($35 million) in a Series B funding round led by Bertelsmann India Investments (BII), with participation from Omidyar Network India, Vivid Capital, and Tana Investment Holding. This Rozana funding brings its total capital to over ₹500 crore, fueling hyperlocal expansion in underserved rural markets. Founded in 2021 by brothers Prashant and Prateek Chauhan, the startup’s phygital model blends micro-stores, app-based ordering, and last-mile delivery to connect 5 million+ users in 12 states with brands like ITC and HUL.

The ₹290 crore investment will supercharge Rozana’s rural omnichannel retail strategy, targeting 5x growth in 18 months. Plans include adding 5,000 micro-stores in Uttar Pradesh, Bihar, and Rajasthan; AI-powered inventory tech; and new categories like groceries and electronics. By empowering 20,000+ rural micro-entrepreneurs, Rozana taps into India’s $700 billion rural retail boom, where smartphone penetration and UPI drive 12% annual growth.

This Rozana Series B milestone positions it as a frontrunner against rivals like Ninjacart, eyeing unicorn status by 2028 amid ONDC tailwinds. CEO Prashant Chauhan emphasized, “We’re building rural prosperity through accessible premium brands.” For more on Rozana funding news and rural retail trends, stay updated on India’s startup ecosystem.

Continue Reading

Latest News

Peak XV New Funds: $1.3B Commitment for India Startup Surge 2026

Published

on

StartupStories

Peak XV Partners has launched three new funds totaling $1.3 billion, targeting India’s booming startup ecosystem. The lineup features the $600M Surge fund (8th edition) for early-stage ventures, a $300M Growth Fund for Series B+ scaling, and a $400M Acceleration Fund for rapid portfolio expansion. This commitment arrives as India’s VC inflows rebound, with AI and fintech leading 2026 trends.

These funds build on Peak XV’s legacy of backing unicorns like Zomato and Pine Labs, offering founders capital plus strategic guidance amid post-winter recovery. Early-stage deals surged 20% last year per Tracxn, positioning Peak XV to fuel the next wave of innovation in SaaS, climate tech, and consumer plays.

For startups eyeing Peak XV new funds or Surge fund 2026 applications, this signals prime opportunities. Investors and marketers should watch for deployment updates India remains a global VC hotspot.

Continue Reading

Latest News

D2C Brand Neeman’s Raises $4 Million for Tier 2/3 Store Expansion & Eco-Friendly Shoes

Published

on

StartupStories

Hyderabad, January 13, 2026 Neeman’s, India’s leading D2C footwear brand famed for sustainable shoes and patented PIXLL® technology, has raised $4 million from existing investors. This funding boosts its cumulative capital past $10 million since 2015, with a post-money valuation nearing $50 million. CEO Vijay Chahoria emphasized offline retail as the “next frontier,” planning 50+ new stores in Tier 2/3 cities like Jaipur and Lucknow to blend eco-friendly innovation with hands-on customer experiences.

In India’s booming D2C ecosystem where footwear sales hit ₹1.2 lakh crore in 2025 Neeman’s targets hybrid retail amid high online CAC and 25-30% returns. Backed by vegan, machine-washable shoes priced ₹2,000-4,000, the brand leverages PIXLL® (5x more breathable than leather) for carbon-neutral comfort. Recent 5x revenue growth to ₹100 crore ARR, 1M+ pairs sold via Myntra and stores, and awards at India D2C Summit 2025 position it ahead of rivals like Paaduks.

Neeman’s offline expansion India eyes the $15B sustainable footwear market by 2028, fueled by PLI schemes, Gen Z’s 70% eco-preference (Nielsen), and Southeast Asia exports. Challenges like real estate costs are offset by data-driven inventory and omnichannel QR tech. Watch for Q1 2026 launches in Hyderabad and Bengaluru redefining D2C success through authentic, “Wear the Change” branding.

Continue Reading
Advertisement

Recent Posts

Advertisement