Paytm, PayU India and Oxigen have got in-principle approval for operating as Bharat Bill Payments Operating Unit. This will allow customers to pay all their bills anytime and anywhere under the Bharat Bill Payment System (BBPS), and the companies which have received licenses will provide platforms to offer these services.
MakeMyTrip Partners With BookMyForex
In a bid to become a one stop destination for all travel related services, MakeMyTrip partnered BookMyForex, a marketplace for retail foreign exchange and private remittances. With this, international travelers can purchase the required foreign exchange from MakeMyTrip website or mobile app.
BeeWise Launches Savings Wallet
Fintech startup BeeWise launched a ‘Savings Wallet’ to help consumers save money on their daily expenses across online and offline stores through a cashback model. It provides a frictionless way to attract new customers for merchants, re-engage lapsed customers and reward loyal customers based on financial data.
Jugnoo Re-Launches Hyperlocal Delivery Service
Jugnoo restarted its hyperlocal delivery service ‘Fatafat’, which will be currently available in Chandigarh and will facilitate fresh fruits and vegetables to the doorsteps at affordable prices.
Smartron Unveils Tphone
Tech-hardware company Smartron launched tphone, a 5.5” premium android smartphone, as part of its tronx ecosystem that includes all of its hardware, software, cloud, care, and community platforms. The startup is aiming to build an India based global technology OEM company, riding the Internet of Things (IoT) wave.
Tata Group Set To Enter Ecommerce Space
Under its new vertical Tata Unistore, Tata Group has entered the ecommerce space with the launch of online marketplace CliQ. The marketplace will be initially focused on apparel, electronics, footwear and later more categories will be added.