M18 Infinity Media

Auquan, a startup focused on AI solutions for financial services, has raised an additional $4.5 million in seed funding, bringing its total raised to $8 million. This latest funding round was led by Peak XV’s Surge program, with participation from Neotribe Ventures. #auquan #ai #funding #investmentnews #businessnews #m18infinity #m18infinitymedia

Apple has significantly increased its iPhone exports from India, reaching $6 billion between April and September 2024. This marks a notable one-third growth compared to the same period last year. The surge in exports highlights Apple’s strategic move to diversify its manufacturing base, reducing reliance on China. #apple #export #iphone #businessnews #m18infinity #m18infinitymedia

The Tata Group is reportedly planning to make its debut in the fast-growing quick commerce sector with its new venture, Neu Flash, under its Tata Neu e-commerce platform. According to a report by ET, the service will soon be launched to select customers and aims to compete with established players like Zomato’s Blinkit, Swiggy’s Instamart, and Zepto. Neu Flash is expected to allow customers to order a wide range of items, including groceries, electronics, and fashion products. This move comes at a time when quick commerce is rapidly expanding in India, with consumers increasingly relying on fast delivery for everyday essentials. #tata #tatagroup #neuflash #tataneu #quickcommerce #businessnews #m18infinity #m18infinitymedia

Zomato has introduced a new Order Scheduling feature that allows customers to plan their food deliveries in advance. This new feature lets users schedule orders from two hours to two days ahead, providing convenience for those looking to plan meals or organize events. The feature closely follows Swiggy's introduction of Scheduled orders in August, a similar tool aimed at making food delivery more flexible for users. #zomato #orderscheduling #deepindergoyal #newfeature #m18infinity #m18infinitymedia

Ixigo has acquired a 51% stake in Zoop Web Services Private Limited, a company that specializes in providing food delivery to train passengers. Zoop, which is an authorized e-catering partner of IRCTC, has been serving travelers with a variety of meal options on trains across India. This acquisition, valued at Rs 12.54 crore, involves a combination of primary and secondary share purchases along with a non-compete fee, highlighting Ixigo’s intent to reinforce its offerings in the Indian travel sector. The collaboration aims to elevate passenger experiences by improving the accessibility and quality of food services on trains. #ixigo #zoop #zoopindia #irctc #hospitality #tourism #acquisition #businessnews #m18infinity #m18infinitymedia

Reliance Industries is reportedly planning to streamline its streaming services by selecting Disney+ Hotstar as the primary platform, following the anticipated merger of Star India and Viacom18. According to a report by Economic Times, employees from both JioCinema and Disney+ Hotstar were briefed on this decision earlier in the week. The merger will result in Disney+ Hotstar emerging as the exclusive platform for the combined entity, absorbing JioCinema and significantly strengthening its position in India's growing online entertainment market. #relianceindustries #jiocinema #disneyhotstar #merger #businessnews #m18infinity #m18infinitymedia

OpenAI has announced the appointment of Aaron Ronnie Chatterji as its first Chief Economist. Chatterji, a distinguished professor at Duke University with a focus on business and public policy, has a robust background in both academia and government. He has previously served as Chief Economist at the U.S. Commerce Department during Joe Biden’s presidency and was also a Senior Economist on the Council of Economic Advisers under Barack Obama. At OpenAI, Chatterji will lead research efforts to understand the impact of artificial intelligence on the economy, with particular attention to changes in employment patterns and long-term productivity. #openai #chatgpt #samaltman #aaronronniechatterji #chiefeconomist #m18infinity #m18infinitymedia

Abhishek Gupta, the former Chief Financial Officer (CFO) of OYO, has moved on to a new leadership role as the CFO of Lenskart, the eyewear company led by Peyush Bansal. #oyo #lenskart #cfo #leadership #businessnews #m18infinity #m18infinitymedia

Adar Poonawalla, CEO of Serum Institute of India, has taken a significant step into the entertainment world by acquiring a 50% stake in Karan Johar's Dharma Productions through his company, Serene Entertainment. This deal, valued at Rs 1,000 crore, marks a major shift in ownership for one of Bollywood’s most influential production houses. Dharma Productions, founded in 1976 by Yash Johar, has been behind some of India’s most iconic films. With this acquisition, Poonawalla will share ownership with Karan Johar, who will retain the remaining 50% stake. #dharmaproductions #sereneproductions #karanjohar #adarpoonawala #acquisition #businessnews #m18infinity #m18infinitymedia

Ashish Kacholia, along with key members of the Asian Paints promoter group, including Manish Choksi and Varun Vakil, have collectively invested Rs 55 crore in Yu, an omni-channel consumer brand. Yu specializes in instant food and beverage products made with 100% natural ingredients. #yu #yupasta #funding #investmentnews #businessnews #m18infinity #m18infinitymedia