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Uber Joins Hands With Mahindra To Launch Electric Cars

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Uber Joins Hands With Mahindra To Launch Electric Cars,Startup Stories,2017 Business News Updates,Uber Business News,Mahindra To Launch Electric Vehicles On Uber Platform,Electric Vehicles In India,Uber Launches New Electric Cars,2017 Electric Cars,Indian Government Electric Vehicles

Uber, the global taxi aggregator, will be tying up with car manufacturer Mahindra and Mahindra to launch electric cabs in Delhi and Hyderabad. The companies have entered a partnership to deploy 100 Electric Vehicles (EV) in the Uber fleet under its pilot project.

Mahindra’s e20 Plus hatchback and the eVerito sedan will be inducted into the Uber fleet and will hit the roads by February 2018. Speaking about the collaboration, Uber’s Chief Business Officer for India and Emerging Markets, Madhu Kannan said, “We see a key role for high efficiency vehicle technologies and therefore, believe that this collaboration with Mahindra, the pioneers in the electric vehicles space, will be truly beneficial not just for Uber, but for our driver partners, riders and the cities we operate in.”

However, both the companies have agreed the partnership is not exclusive as Mahindra has already tied up with Ola to introduce an EV fleet in Nagpur. Mahindra has been at the forefront of manufacturing electric vehicles in the country and launched their electric hatchback e2o in 2013. Speaking about the new partnership with Uber, Mahindra and Mahindra’s Managing Director Dr. Pawan Goenka said, “Our collaboration with Uber is an important step to help accelerate the large scale adoption of electric vehicles on shared mobility platforms and meet the nation’s vision for EVs.

The driver partners on Uber’s platform can avail a package which will include Mahindra electric vehicles at competitive prices, attractive financing and insurance premiums, under this partnership. Private players in the process of setting up a common use charging ecosystem across multiple locations in the cities will also be contacted by the companies. Mahindra is also planning to ramp up the production capacity to 5000 units a month from the current capacity of 500 units. Furthermore, Mahindra and Mahindra will also support driver education and training related to various aspects of electric vehicles including maintenance.

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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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