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West Indies Cricketer Chris Gayle Invests In AR Startup FlippAR

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West Indies Cricketer Chris Gayle,Chris Gayle Invests In AR Startup FlippAR,One Day International,ODI Cricket,startup FlippAR,West Indies cricket team,Startup Stories,Latest Business News 2017,Inspiration Stories 2017

Known as the most destructive batsman ever, Chris Gayle made a comeback to One Day International (ODI) cricket after a 931 days sabbatical. Along with a grand return to cricket, Gayle has also made a grand entry into the startup ecosystem. The international cricket star has reportedly picked up a minority stake in Bengaluru based augmented reality startup FlippAR.

The former captain will also be endorsing the company along with being a minority stakeholder, although the amount invested by the cricketer has not been revealed. FlippAR was founded by Vivek Jain in January 2016 which provides augmented reality development services to various companies. The app allows users to unlock stories from buildings, monuments and statues from the most popular tourist destinations in Bengaluru such as Lal Bagh, Cubbon Park and MG Road. The company, run by Movingup Products Pvt., Ltd., has a subscription based revenue model which competes with London based visual discovery app Blippar.

The startup, accelerated by the France based program NUMA, was one of the eight startups selected by the Karnataka Government to receive a grant of Rs. 5 lakhs in March. The six employees team currently works for customers in the 16 to 24 age bracket. Gayle will be featuring in a couple of new campaigns that are to be launched soon.

Serial entrepreneur and founder Vivek Jain is an IIM Ahmedabad graduate with over 13 years of experience in the information technology sector. He was also the CEO of the services outsourcing startup StrApp Business Solutions Pvt., Ltd.

This marks the second investment by Chris Gayle in the Indian startup ecosystem. He previously invested in the virtual gaming firm IONA Entertainment also based in Bengaluru, two months ago. Indian startup ecosystem has garnered a lot of interest from multiple Indian cricketers as well. Yuvraj Singh has been actively participating in the startup ecosystem through his investment fund YouWeCan Ventures. Former Indian Captain Sourav Ganguly has also invested in Mumbai based video content discovery platform Flickstree.

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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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