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Zomato Invests In Home Made Food Delivery Startup TinMen

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Zomato Invests In Home Made Food Delivery,Food Delivery Startup TinMen,Zomato Invests In Home Made Food,meal delivery startup TinMen,Zomato founder Deepinder Goyal,Zomato news today,Startup Stories,Latest Business News,Zomato Home Made Food Delivery

The online restaurant discovery and food delivery startup Zomato Media Pvt., Ltd., has invested in Hyderabad based home cooked meal delivery startup TinMen. In a blog post, Zomato founder Deepinder Goyal announced the companies will work together to offer a larger variety of healthful meal options to the users. Existing investor Lead Angels also participated in this round of funding.

TinMen is a home cooked meal delivery app, owned and operated by Vicinia Retail Pvt., Ltd., that currently serves 10 major areas in Hyderabad. Founded by Mukesh Manda and Chaitanya Degala in 2013, the startup works with professional chefs to provide home cooked meals to working professionals in the City. Talking about the acquisition, Deepinder Goyal said TinMen is “an efficient and modest little company which provides easy access to home cooked meals at affordable prices, for thousands of people in Hyderabad.”

The startup provides office lunches using a scheduler built into their app through which users can create meal plans for a day, a week or a month and opt out of deliveries at a day’s notice. The company offers meals starting from Rs. 65 without delivery charges and is already delivering over 30,000 orders a month. They currently offer services in Gachibowli, Financial District, Kondapur, Hitec City, Madhapur, Jubilee Hills, Banjara Hills, Punjagutta and Begumpet. This collaboration will give TinMen access to Zomato’s 1 million unique user base. The startup is looking to increase its current monthly revenue of around Rs. 28 lakhs by 5 times and is also targeting to cater to over 1 lakh orders per month by March 2018.

Zomato, which recently acquired another food delivery startup Runnr, is tapping into the affordable healthy home cooked meals offering space with this investment. The company has reportedly reduced its cash burn by 81% while its revenue surged by about 80%, making it a profitable startup. Goyal also announced that they will forgo commissions charged to restaurants clocking high order volumes as the company is generating enough cash to cover the investments.

However, Tinmen will not be leveraging Zomato’s self fulfilled delivery fleet but will continue using their existing third party logistics services for now.

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Jio BlackRock Gets SEBI Approval to Launch Brokerage Operations in India

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Jio BlackRock Broking Private Limited, a joint venture between Jio Financial Services and BlackRock Inc., has received final approval from the Securities and Exchange Board of India (SEBI) to commence operations as a brokerage firm. The regulatory nod, granted via a certificate of registration issued on June 25, 2025, allows the company to function as both a stockbroker and a clearing member in India’s financial markets. This milestone follows a series of regulatory clearances for the Jio BlackRock ecosystem, including approvals for mutual fund and investment advisory businesses, underscoring the joint venture’s ambition to build a comprehensive, digital-first financial services platform.

As a wholly owned subsidiary of Jio BlackRock Investment Advisers, the broking arm aims to deliver affordable, transparent, and technology-driven execution services to Indian investors. The company’s leadership has emphasized that the new platform will empower self-directed investors with seamless execution capabilities, complementing its broader strategy to democratize access to investment solutions in India. The approval is expected to further strengthen Jio BlackRock’s position in the rapidly expanding financial services sector, offering a full suite of products from mutual funds and advisory to brokerage, all accessible through user-friendly digital channels.

The market responded positively to the news, with Jio Financial Services shares rising over 4 percent following the announcement. Industry analysts view this regulatory milestone as a significant step in Jio BlackRock’s efforts to transform India’s investment landscape, moving the country closer to becoming a nation of investors rather than just savers.

 

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CoRover Unveils BharatGPT Mini: India’s First Offline Multilingual AI

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CoRover has launched BharatGPT Mini, India’s first offline multilingual AI model, at VivaTech 2025 in Paris, with the event officiated by Union Minister Jitin Prasada. This innovative Small Language Model (SLM), featuring around 534 million parameters, is specifically designed for edge devices and low-compute environments, enabling robust AI capabilities without the need for cloud connectivity. Its ability to function entirely offline and support 14 Indic languages makes it a powerful tool for digital inclusion, particularly in rural and remote regions where internet access is limited.

BharatGPT Mini’s architecture is optimized for deployment across various sectors, including healthcare, education, banking, and governance, allowing citizens to interact with essential services in their native languages. The model can be integrated into small businesses, government offices, and other organizations through the CoRover Builder platform, which offers a no-code solution for deploying AI assistants across web, telephony, and IoT systems. By processing data locally and encrypting it on-device, BharatGPT Mini ensures strong privacy and data sovereignty, aligning with India’s strategic goal of developing indigenous AI solutions. 

The launch has garnered strong support from both the Indian government and industry leaders, who see BharatGPT Mini as a catalyst for democratizing access to digital services. CoRover anticipates significant growth in the adoption of Small Language Models, with early feedback indicating a substantial increase in project demand. As CoRover looks to expand its expertise globally, BharatGPT Mini stands out as a scalable, multilingual, and privacy-centric solution, setting a new standard for inclusive and sovereign AI innovation in India’s diverse landscape.

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Kerala Startup E-Quark Launches Innovative Mobile Holder with Built-In Charger

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Kerala-based startup E-Quark Molecule Innovations Pvt Ltd, headquartered in Thrissur, has introduced an innovative device called Keratin that combines a mobile phone holder with a built-in charger. This unique gadget is designed to offer users a convenient solution to hold and charge their smartphones simultaneously, addressing the common challenge of managing power supply while using mobile devices.

The device enhances user experience by integrating two essential functions into one compact design. It securely holds the phone while providing efficient charging, making it perfect for use on desks, bedside tables, or other personal spaces where easy access and power are needed. This innovation aligns with the growing trend of multifunctional mobile accessories that prioritize both convenience and practicality.

E-Quark Molecule Innovations is a key player in Kerala’s dynamic startup ecosystem, which has been rapidly expanding in tech-driven areas such as electric vehicle charging infrastructure. With the launch of this mobile holder-charger, the company is establishing itself as a leader in user-centric mobile accessories, further cementing Kerala’s position as a hub for cutting-edge technology development.

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