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Bengaluru’s Latest Trend? Myntra Riders Rocking 30-Minute Fashion Deliveries

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Bengaluru’s Latest Trend? Myntra Riders Rocking 30-Minute Fashion Deliveries

Myntra is shaking up the fashion scene in Bengaluru with a new campaign that puts its M-Now delivery riders in the spotlight. 

The fast-paced ad campaign shows these riders cruising through the city, showcasing the latest fashion trends as they make lightning-fast deliveries.

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Myntra’s M-Now service promises delivery in just 30 minutes

Launched in December 2024, Myntra’s M-Now service promises delivery in just 30 minutes and offers everything from trendy fashion pieces to beauty products and home decor, all from a mix of global and local brands. The campaign, which has grabbed attention across social media, had locals posting about their deliveries, with one X user joking: “Why does my Myntra delivery guy have more swag than me?”

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Currently available in Bengaluru, M-Now has a collection of 10,000 styles, with plans to scale up to 100,000 styles in the next few months. Myntra also has big expansion plans for the service, with cities like Mumbai, Delhi, and Pune on the horizon.

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15-Minutes or Less: Zomato’s New Service Takes on Ultra-Fast Delivery Trend

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15-Minutes or Less: Zomato’s New Service Takes on Ultra-Fast Delivery Trend

Zomato has quietly entered the race for ultra-fast food delivery with a new 15-minute service, aiming to ramp up competition in the quick delivery sector. The feature, which is live on the Zomato app in select cities such as Mumbai and Bangalore, has yet to be formally announced but is already available for users.

In the app’s explore section, users will now find a “15-minute delivery” tab, showcasing dishes that can be quickly prepared and served. To ensure the fast turnaround, Zomato is restricting deliveries to restaurants within a two-kilometre radius, much like Swiggy’s Bolt service.

Zomato’s Foray into a New Segment 

Zomato’s 15-minute delivery launch signals its push into an increasingly competitive market, where quick delivery times are becoming a critical point of differentiation. This comes on the heels of Zomato’s launch of its quick commerce venture, Blinkit, which plans to introduce its own speedy service, ‘Bistro,’ featuring healthy meals and snacks delivered in minutes.

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This move follows similar launches by other companies in the sector. Swiggy’s Bolt service, which debuted in October 2024, has already accounted for 5% of the company’s total food deliveries. Meanwhile, Zepto is stepping up with its own rapid delivery focus, including a dedicated app, Zepto Cafe, and Ola Dash, which began in Bengaluru and is expanding nationwide.

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Even industry giant Reliance is getting into the quick-commerce game through JioMart, promising deliveries in under 30 minutes. Myntra has also started testing its own 30-minute delivery option for select brands in Bengaluru. As the sector heats up, shares of Zomato were down 2.16% on the BSE, trading at Rs 247.05 as of 9:45 AM on Wednesday.

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BiUP Technologies Appoints Gunjan Nagpal as Director of Growth & Innovation for North America and Europe

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BiUP Technologies Appoints Gunjan Nagpal as Director of Growth & Innovation for North America and Europe

BiUP Technologies, an industry leader in AI-powered customer engagement solutions, has announced the appointment of Gunjan Nagpal as its new Director of Growth & Innovation for North America and Europe.

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With more than 20 years of experience across Media & Entertainment, Banking & Finance, and dynamic startups, Gunjan is poised to bring a wealth of knowledge to accelerate BiUP’s expansion in these critical global markets.

Expanding into North America and Europe

In his new role, Gunjan will spearhead BiUP’s strategy to break into North America and Europe, focusing on industries such as Automotive, Fashion, and Home & Lifestyle with AI-driven innovations. His responsibilities will include building key strategic partnerships, refining market-specific strategies, and driving significant growth through BiUP’s cutting-edge products, which utilize AI, AR, Immersive 3D Visualization, and Deep-Tech capabilities.

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Gunjan’s career track record includes notable achievements, such as driving exponential growth at media giants like Sony Pictures Network India (SPN), Zee5, and Times Television, along with managing high-net-worth portfolios at Citibank N.A. His ability to spearhead transformation and growth across industries is a testament to his expertise.

Leadership Vision

Commenting on his appointment, Gunjan expressed, “The AI and tech space is reshaping how businesses interact with their customers. I’m excited to join BiUP Technologies at such a pivotal moment and contribute to its mission of creating immersive, intuitive, and intelligent customer experiences. North America and Europe are ripe for innovation, and I’m eager to work with the team to deliver solutions that will redefine customer engagement.”

With this strategic move, BiUP Technologies is set to expand its global footprint and drive innovation in customer engagement for key industries across North America and Europe.

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MobiKwik’s Expansion Wins: Revenue Up, But Profit Elusive

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MobiKwik’s Expansion Wins: Revenue Up, But Profit Elusive

Fintech company MobiKwik has released its financial results for the quarter ending September (Q2 FY25), marking the first earnings since its public listing last year. The company saw a notable increase in revenue, rising to Rs 291 crore from Rs 203 crore in the same period last year—an impressive 43% year-on-year growth. However, the company also posted a net loss of Rs 3.5 crore, a reversal from the net profit of Rs 5 crore reported in Q2 FY24.

MobiKwik Reports Q2 FY25 Results: Strong Revenue Growth Despite Losses

As per the filings with the National Stock Exchange (NSE), MobiKwik’s total expenses for the quarter amounted to Rs 287 crore, largely due to payment gateway charges, employee benefits, and general overheads. Despite the loss, MobiKwik managed to maintain a positive EBITDA of Rs 3.5 crore during the quarter. 

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The company’s primary revenue streams remain commissions from recharges and processing, interest income from loan services, payment gateway fees, and technology platforms.

User Growth and GMV Surge

MobiKwik also reported a solid increase in its user base, growing by over 13% year-over-year to reach 167 million users, with more than 4.4 million merchants now part of its platform. Additionally, the company’s Payment Gross Merchandise Value (GMV) saw a remarkable threefold rise, reaching Rs 28,280 crore for the quarter, compared to the same period last year. The company’s take rate, which is the portion of each transaction retained by MobiKwik, remained steady at 0.7%.

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While the company continues to face challenges with its profitability, its revenue growth and expanding user base demonstrate the ongoing demand for its services in the competitive fintech space.

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Govt. Cracks Down on Tax-Evading Gaming Platforms with New Blocking Powers

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Govt. Cracks Down on Tax-Evading Gaming Platforms with New Blocking Powers

The Indian government has given the Directorate General of GST Intelligence Headquarter (DGGI-HQ) the authority to direct intermediaries to block websites of online gaming companies suspected of tax evasion. A recent gazette notification from the Ministry of Finance revealed that the Additional/Joint Director (Intelligence) has been designated as the responsible officer for executing this action.

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Under the provisions of the Integrated Goods and Services Tax Act, 2017, specifically section 14A(3), the DGGI-HQ now has the power to block any online platform that is suspected of tax evasion, including those based outside India. The government has also invoked the Information Technology Act, specifically section 79, which holds intermediaries accountable for not taking action to remove or block such websites when ordered.

This move signals the government’s intention to crack down on foreign gaming platforms avoiding taxes by instructing intermediaries, such as search engines and social media platforms, to halt their online presence in India.

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The DGGI had earlier identified the online real money gaming industry as the largest contributor to GST evasion in FY 2023-24, with Rs. 81,875 crore in unpaid taxes across 78 cases. The government had also raised the GST on real money gaming from 18% to 28% earlier this year, removing the distinction between gaming and gambling.

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Affordable, Meaningful, Wearable: Sterlyn’s Jewellery Revolution

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Affordable, Meaningful, Wearable: Sterlyn’s Jewellery Revolution

Jewellery in India has long been steeped in tradition—a marker of wealth, a secure investment, and a piece reserved for special occasions. But for a new generation of consumers, particularly younger audiences, the market lacked options for jewellery that resonated with their everyday lives. It’s this gap that inspired Vivek Soni to create Sterlyn, a D2C silver jewellery brand launched in 2022.

“Jewellery isn’t just a product for us—it’s a way to sell emotions. The jewellery itself is secondary,” says Vivek.

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Sterlyn: Redefining Jewellery as Everyday Emotion

Despite hailing from a family with nearly four decades in the jewellery industry, Vivek’s journey into the business wasn’t straightforward. Armed with an MBA in Finance and years of experience in credit and risk management, his career initially took a completely different route. But his ability to analyse markets and identify gaps, combined with his family’s legacy of craftsmanship, eventually led to the birth of Sterlyn.

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The vision for Sterlyn was clear: to make jewellery meaningful, affordable, and accessible for everyday gifting. But getting there wasn’t without challenges. Vivek had to rethink not only the traditional perception of jewellery as a luxury or an investment but also convince his family of the brand’s modern, D2C approach.

“Breaking away from the conventional mindset was tough. Jewellery in India is often seen as something you save for big occasions, but I wanted Sterlyn to focus on pieces that people could gift and wear daily,” Vivek explains.

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KIBI Sports Secures $100,000 to Empower Athletes and Transform Sports Collaboration

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KIBI Sports Secures $100,000 to Empower Athletes and Transform Sports Collaboration

Sports-tech startup KIBI Sports, founded by former national-level athlete Sagar Rai, has raised $100,000 in a fresh funding round led by prominent angel investors, including Saurabh Aggarwal, Arpit Bhardwaj, Vartika Joshi, Suryansh Jain, Pranjal Bansal, Amit Kumar Sahu, Pratibha Rani, and Sushila.

Latest Funding Builds on Earlier Cash Injections 

This latest funding builds on an earlier investment of $129,000, providing KIBI Sports with the resources to expand its reach, enhance its technology, and scale its operations. Sagar Rai, having competed in five different sports during his athletic career, was motivated by his own experiences to address the hurdles faced by athletes, from limited financial backing to a lack of professional opportunities.

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KIBI Sports aims to bridge the gap between athletes, brands, and institutions by fostering collaboration through its unique platform. The startup generates revenue through three core offerings:

  1. A digital marketplace for sports gear and merchandise.
  2. A sponsorship platform that connects athletes and sports institutions with potential brand partners.
  3. An event management system for booking and registering sports events.

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With a focus on Tier-2 and Tier-3 cities, KIBI Sports is championing underrepresented sports and unearthing talent from regions often overlooked by mainstream initiatives. The platform currently boasts over 20,000 athletes and 800 sports institutions, along with numerous sponsorship deals

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No Bartender? No Problem! Topcan Has You Covered

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No Bartender? No Problem! Topcan Has You Covered

Ronak Jaiswal and Nishchay Kaura often found themselves frustrated as college students trying to enjoy a well-crafted cocktail. The process was always more complicated than it needed to be—too many steps, tools, and time. This sparked a thought: why wasn’t there an easy way to mix personalized cocktails on the go?

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While the beverage market offered a wide range of options, none seemed to make cocktail mixing both simple and customizable. That’s when the idea for Topcan Beverages was born.

Topcan Beverages: Revolutionizing Cocktails with Convenience and Customization

What began as a casual college hobby of mixing drinks quickly turned into something more serious. “We wanted a more practical and convenient way to enjoy a drink,” Ronak said, reflecting on their initial inspiration.

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The duo realized that packaging their cocktail ideas in a convenient can could fill the gap. By offering a pre-mixed cocktail with space for a customizable spirit, they could offer an entirely new experience. This idea, born from fun experimentation, soon became an obsession.

What made Topcan truly unique wasn’t just the idea—it was the execution. Their cans hold 250ML of pre-mixed cocktail but leave 80ML of room for the consumer to add their spirit of choice. The fully removable lid makes it easy to add the alcohol, shake, and enjoy—all without the fuss.

“We wanted to create something where you could simply pop the lid, pour in your favorite spirit, shake it, and enjoy a perfectly mixed drink,” explained Nishchay.

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Bangalore’s Culinary Scene Gets a Makeover with Lumara’s Grand Opening

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Ashu Agrawal
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Bangalore’s Culinary Scene Gets a Makeover with Lumara’s Grand Opening

This winter, MG Road welcomes Lumara, an all-day dining resto-bar that blends global flavors, elegant design, and Bangalore’s laid-back vibe. Created by Arjun Hegde and Akshay Patil, with operations led by Vivek Gunjikar, Lumara reimagines premium dining with a focus on style, comfort, and a connection to nature.

Spanning 9,000 square feet and accommodating up to 265 guests, Lumara’s open-air layout is a nod to Bangalore’s famed weather. The space seamlessly merges Mediterranean-inspired aesthetics with parametric architecture, incorporating materials like bamboo and rattan to create a relaxing yet contemporary environment. 

Lumara Opens on MG Road, Bringing an Elevated Dining Experience to Bangalore

By day, natural light and soft breezes set the tone, while evenings transform the venue into an atmospheric retreat with warm lighting and cozy vibes.

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Lumara’s interiors are a study in contrasts—balancing the nostalgic charm of old Bangalore with the energy and innovation of the city’s modern side. The dynamic design shifts throughout the day, offering guests a fresh perspective each time they visit, whether for a casual brunch or an intimate dinner.

The Menu is Super Thoughtfully Crafted 

The menu is as thoughtfully curated as the space, showcasing a diverse range of globally inspired dishes. Standout options include the refreshing Granny Smith & Feta Salad, a mix of crisp apples, creamy feta, and greens tossed in honey-lime vinaigrette. For something heartier, the Angara Chicken Tikka delivers a bold burst of smoky, spiced flavors in every bite.

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Lumara isn’t just a restaurant—it’s an experience. Whether you’re looking for a serene daytime spot to unwind or a vibrant evening destination, Lumara is set to become a must-visit for Bangaloreans seeking a sophisticated yet approachable dining experience.

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From Capital to Catwalk: GetVantage Brands Join Myntra’s D2C Spotlight

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Ashu Agrawal
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From Capital to Catwalk: GetVantage Brands Join Myntra’s D2C Spotlight

Bangalore, January 7, 2025: Myntra, one of India’s leading fashion e-commerce platforms, is stepping up its efforts to support direct-to-consumer (D2C) brands through its exclusive D2C Rising Star initiative. 

As part of this push, Myntra has partnered with GetVantage, a leading embedded B2B fintech and growth capital platform, to extend this program to GetVantage’s portfolio of brands.

GetVantage Teams Up with Myntra to Boost D2C Brands Through Rising Star Initiative

This invite-only initiative will give selected GetVantage-backed brands, such as Tjori, Valkyre, Ornaz, Nua Woman, Jade Forest, and Elaver Sports, access to Myntra’s platform scale, trend-driven insights, and dedicated account management services. Participating brands will benefit from enhanced visibility, including a dedicated icon on Myntra’s homepage and curated brand stores designed to maximize customer engagement.

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“Myntra’s platform opens doors for our brands to scale quickly and connect with a trend-conscious audience,” said Bhavik Vasa, Founder of GetVantage. “Our partnership reinforces our commitment to empowering India’s emerging D2C businesses with strategic opportunities and resources to accelerate their growth.”

About GetVantage 

Since its launch in 2020, GetVantage has built a robust portfolio of nearly 2,000 small businesses across 18+ sectors by offering cashflow-based financing solutions. This collaboration with Myntra aligns with its vision to support ambitious D2C brands looking to scale.

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Myntra’s D2C Rising Star program aims to onboard 500 promising D2C brands across fashion, beauty, and grooming, providing them access to its 150 million trend-focused customers. Brands participating in the program have reported substantial benefits, including up to 2-3x growth in demand.

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