daily roundup (October 19, 2022)

daily roundup (October 19, 2022)

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Shadowfax now accessible on ONDC platform

Logistics startup Shadowfax Know-how has built-in with the Open Community For Digital Commerce (ONDC) to offer hyperlocal and ecommerce deliveries. It’s also the primary logistics participant to have direct integration with the platform with none middleman for all supply codecs.

Moreover the ecommerce supply protection, the mixing may even assist sellers on the platform achieve hyperlocal companies in round 8,500 pin codes, anticipated to assist allow a fast scale-up because the ONDC platform matures. Shadowfax may even work carefully with ONDC to additional streamline the hyperlocal processes as a part of the preliminary plans.

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Tata Capital’s Moneyfy companions with Dhan

Tata Capital’s digital wealth administration platform Moneyfy has partnered with Increase Monetary Providers’ inventory investing and buying and selling platform Dhan.

The collaboration will give Moneyfy customers entry to inventory investing, buying and selling, and margin funding. The corporate provides mutual funds, loans, bank cards, insurance coverage, and company fastened deposit, amongst others.

By means of Dhan’s direct fairness platform, Moneyfy app customers can now open a Demat account, purchase and promote fairness shares, and commerce in futures and choices.

Grip companions with Oxyzo Monetary for company bonds

Grip Make investments has partnered with Oxyzo to checklist investment-grade-rated company bonds on its platform—beginning at Rs 10,000, providing 8-11% pre-tax yield to maturity (YTM) over a tenure of 12-36 months.

By means of Grip’s platform, particular person buyers can uncover company bonds rated A or above by main credit standing businesses, together with CRISIL, ICRA, and India Rankings (Fitch), implying a low danger of default.

These company bonds might be held in Demat type and listed on the inventory exchanges to allow secondary buying and selling, ought to the investor must exit earlier than maturity.

Nikhil Aggarwal, Founder and CEO of Grip, stated, Company bonds are yet one more alternative for buyers to generate engaging returns as these are secured and rated monetary devices listed on the inventory exchanges and supply inflation-beating returns with lesser volatility in comparison with fairness markets.”

EV charging infrastructure startup Statiq, M&M associate to scale e-mobility

Statiq, an electrical automobile (EV) charging infrastructure startup, cast an e-mobility partnership with Mahindra & Mahindra (M&M) to offer EV customers with a sturdy, accessible, reasonably priced, and dependable e-mobility community throughout the nation.

The 2 firms may even collaborate on varied e-mobility tech integration initiatives going ahead.

Akshit Bansal, Co-founder and CEO, Statiq, stated, Statiq has all the time been about selling carbon-free mobility in India by offering an expansive charging community, and this alliance will strengthen our mission to advance the expansion of the EV ecosystem additional.”

Statiq has already put in over 6,500 charging stations and goals to take this quantity to twenty,000 by the tip of 2022.

Statiq cofounders Akshit Bansal (left) and Raghav Arora

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Roposo to launch Delishaas cookware model

Celeb chef and entrepreneur Saransh Goila has joined palms with Roposo to launch a co-created cookware model ‘Delishaas’.

It additional famous that the demand for aesthetic cookware that allows wholesome cooking has grown over the previous few years, partly because of the pandemic that impressed folks to discover dwelling cooking extra. Discerning customers began to look past fundamental utensils and confirmed a desire for cookware that elevates their cooking and eating expertise at dwelling.

BabyChakra to provide a part of sale proceeds to C.R.Y

BabyChakra, the direct-to-consumer (D2C) parenting model, has determined to contribute part of each buy by way of the BabyChakra app and web site to assist C.R.Y for youngster well being, diet, schooling, and security.

NGO C.R.Y helps underprivileged youngsters to maintain them secure, wholesome, fed, and educated. The marketing campaign was launched below — “Ek Tyohaar Aisa Bhi – Jahan Sapno Ko Milein Pankh”.

BYJU’s companions with the Indian Coast Guard

Edtech firm BYJU’s, below its social impression initiative—Schooling For All—has partnered with the Indian Coast Guard, the place it goals to coach over 1,200 youngsters in Class 8-12 whose dad and mom serve with the maritime safety pressure.

BYJU’S will present college students with free entry to its tech-enabled digital studying content material. As a primary step, it has already distributed over 500 licences to youngsters from authorities faculties throughout a number of Indian coastal areas, together with Chennai, Kochi, Bhubaneswar, Port Blair, and Gandhinagar.

The partnership with the Indian Coast Guard is consistent with BYJU’s goal to empower 12 million youngsters from underprivileged backgrounds throughout India by 2025 below its Schooling For All social impression initiative.

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