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Zoomcar Expands Its Offerings with the Launch of “Zoomcar Cabs”

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Zoomcar Expands Its Offerings with the Launch of "Zoomcar Cabs"

Bengaluru, India – Zoomcar, the leading car-sharing platform in India, has officially launched “Zoomcar Cabs”, a new service that provides access to chauffeur-driven cars. This expansion marks a significant step for Zoomcar, diversifying its offerings beyond its core self-drive car rental business and tapping into the growing demand for convenient transportation solutions.

Key Features of Zoomcar Cabs

  • Transparent and Customizable Options: Customers can select specific car models based on their preferences, view detailed information about each vehicle, and choose their own routes and destinations. This level of customization sets Zoomcar Cabs apart from traditional ride-hailing services.
  • Flexible Booking Options: The service offers flexible booking durations, ranging from short trips of just a few hours to long-term rentals extending over 30 days. This flexibility caters to various customer needs, whether for business or leisure.
  • Enhanced User Experience: Utilizing AI-powered technology, Zoomcar ensures accurate vehicle information, transparent pricing, and a seamless booking experience for customers. This technological integration enhances user satisfaction and operational efficiency.

Leadership Insights

Hiroshi Nishijima, CEO of Zoomcar, stated, “The launch of Zoomcar Cabs reflects our commitment to delivering tailored solutions that meet the evolving needs of our customers. By offering both self-drive and chauffeur-driven options within a single app, we are providing customers with greater flexibility and convenience.” This statement emphasizes the company’s focus on customer feedback and its dedication to enhancing the overall user experience.

Significance of the Launch

  • Diversification of Offerings: The introduction of Zoomcar Cabs expands the company’s service portfolio, catering to a wider range of customer needs and preferences. This diversification is crucial as it allows Zoomcar to compete more effectively in the crowded transportation market.
  • Enhanced Customer Experience: The emphasis on transparency, flexibility, and customer choice distinguishes Zoomcar Cabs from other ride-hailing services. Customers can enjoy a more personalized experience by selecting specific vehicles rather than generic categories.
  • Growth Opportunities: This expansion presents significant growth opportunities for Zoomcar in the Indian market, where demand for convenient and reliable transportation services is steadily increasing. With major players like Ola and Uber dominating the market, Zoomcar’s unique offering could attract a substantial customer base.

Market Context

The launch comes at a time when the demand for chauffeur-driven services is on the rise in India. Mathrubootham noted that the market for cars with drivers is significantly larger than that for self-drive rentals. By entering this segment, Zoomcar aims to capture a share of this lucrative market while addressing customer preferences for personalized transportation solutions.

Competitive Landscape

While Zoomcar may face stiff competition from established ride-hailing giants like Ola and Uber, its model of allowing customers to choose specific cars instead of vehicle categories could appeal to consumers seeking tailored experiences. Moreover, by aggregating cars and drivers for its rental service, Zoomcar aims to minimize costs related to acquiring assets and staffing.

Conclusion

The launch of Zoomcar Cabs is a strategic move that strengthens Zoomcar’s position in the Indian mobility market. By providing innovative and customer-centric solutions that combine self-drive and chauffeur-driven options within a single app, Zoomcar is poised to enhance its service offerings significantly. As it navigates this competitive landscape, the company will likely continue to evolve its strategies to meet changing consumer demands while promoting sustainable transportation solutions across India.

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PayU Gets Final RBI Nod to Operate as Payment Aggregator Ahead of 2025 IPO

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PayU

PayU India, owned by Prosus, has received final approval from the Reserve Bank of India (RBI) to operate as an online payment aggregator, a year after getting in-principle approval in April 2024. This authorization allows PayU to onboard new merchants and offer digital payment solutions, joining other major players like Razorpay, CCAvenue, and BillDesk.

The RBI’s nod comes as PayU prepares for its planned IPO in the second half of 2025, following a delay from its original 2024 timeline due to market conditions. The company, which serves over 450,000 merchants, reported $319 million in revenue from its core payments and credit business in the first half of FY25.

PayU stated that the approval will help it build a resilient, compliant, and innovation-driven institution, supporting merchants of all sizes and advancing the Digital India vision. The company has also strengthened its risk management and expanded its presence in real-time payments through a strategic stake in Mindgate Solutions.

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Sarvam AI Unveils Bulbul V2: Speech Model Supporting 11 Indian Languages

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Sarvam

Sarvam AI, the Bengaluru-based GenAI startup selected by the Indian government to develop the country’s first sovereign large language model (LLM), has launched Bulbul V2-a speech AI model supporting 11 Indian languages, including Hindi, Tamil, Telugu, Marathi, Bengali, Punjabi, and Odia.


Bulbul V2 stands out for its natural, regionally authentic accents, delivering speech that sounds genuinely Indian rather than robotic or rehearsed. The model offers ultra-fast performance with a P90 latency of just 0.398 seconds, significantly faster than global competitors like ElevenLabs, and is priced at ₹15 per 10,000 characters-five times cheaper than leading alternatives. Brands can also customize voices to create unique audio identities.

This launch reinforces Sarvam’s mission to make AI accessible and inclusive for India’s diverse population. Alongside Bulbul V2, Sarvam is building India’s first sovereign LLM under the IndiaAI Mission, focusing on secure, scalable, and multilingual AI solutions developed entirely within the country using local talent and infrastructure

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Bengaluru’s Cult.fit Set to Make Waves in the Market with Upcoming ₹2,500 Crore IPO

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Cult.fit, the Bengaluru-based fitness and wellness platform backed by Zomato, has finalized five top investment banks—Axis Capital, Jefferies, Goldman Sachs, Morgan Stanley, and JM Financial—to manage its highly anticipated Initial Public Offering (IPO). The company aims to raise ₹2,500 crore through this offering, which is expected to value Cult.fit at nearly $2 billion.

Company Growth and Business Model

Founded in 2016 by Mukesh Bansal and Ankit Nagori, Cult.fit has grown into a diversified health and wellness ecosystem. The company operates over 500 gyms across India and has expanded into multiple segments:

  • Cultsport: Direct-to-consumer fitness apparel and equipment (30% revenue contribution).
  • Eat.fit: Healthy meal delivery service (24.5% of revenue).
  • Mind.fit: Yoga and mental wellness services.
  • Care.fit: Healthcare clinics and diagnostics.

In FY24, Cult.fit reported an operating revenue of ₹927 crore, a 33.6% jump from ₹694 crore in FY23. Despite this growth, the company recorded a loss of ₹535 crore.

IPO Details

The IPO marks a significant milestone for Cult.fit, which was last valued at $1.56 billion during Zomato’s $100 million investment in 2021. With strong backing from investors like Accel Partners, Tata Digital, Temasek, Kalaari Capital, and Chiratae Ventures, the upcoming IPO is set to further strengthen its position in the Indian fitness industry.

Strategic Importance

Cult.fit’s move to go public reflects its ambition to scale operations and attract institutional investors globally. Its diversified business model positions the company as a leader in India’s growing fitness market. Analysts are closely watching this IPO as one of the most anticipated offerings of 2025.

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