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Paytm Launches Its In House Messaging App – Inbox

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Paytm Launches House Messaging App Inbox,Startup Stories,Inspirational Stories 2017,Latest Bollywood News 2017,Paytm Messaging Service,Paytm Confirms Messaging Platform,Paytm Launch Messaging App,Paytm Latest News,Paytm New Inbox Features,Paytm India Largest Online Payment App

Paytm, always one step ahead to ensure it competes with the ever growing ecommerce market in India, has recently launched an inbuilt messaging app. This feature, which was initially rolled out in August, is now going to be available for Android phones.

The new “inbox” feature comes as an attempt to create a separate path in the fierce world of ecommerce. Paytm ensured its new service lets users send and receive images and text messages. Not only that, the service also offers multiplayer games through the messaging app. Users get notifications on latest offers and cashback. This app comes equipped with cricket and trivia based games as well.

Paytm, backed by Alibaba and SoftBank among others, is embedding its product with social features to give an additional advantage against other messaging apps. The other apps are increasingly encroaching on Paytm’s territory by introducing payment features of their own. In what seems to be a cheeky response to WhatsApp’s latest update, Paytm announced that its messaging service will come with a recall option that lets users delete messages once sent.

Hike, backed by Tencent, added a mobile wallet feature this year; WhatsApp is set to introduce business payments on its app and WeChat has been trying hard to gain traction in the Indian ecommerce system through its messaging and ordering app.

Paytm is India’s largest online payment app and claims to have over 200 million users. “We have realized that besides making payments, our users and merchants also like to communicate with each other. There is a need of  (sic) social messaging, commerce and payments seamlessly blending into one another,” Paytm senior VP Deepak Abbot said in a statement.

 

 

 

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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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Flipkart - StartupStories

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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