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Paytm launches contactless credit card; Zomato to deliver food using electric bikes

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Wed, May 15, 2019 02:48 AM

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Daily Capsule| 15th May Hello Did you know that there are 17 million kirana stores in India? And the

Daily Capsule| 15th May Hello Did you know that there are 17 million kirana stores in India? And they are going through an inevitable and dramatic digital transformation. Your neighbourhood kirana stores might not epitomise the glamour of the other store formats but they are surely on everyone’s radar for the opportunities they offer startups. Cracking this market can help startups achieve much more than just building billion-dollar companies. Net margins at these kirana stores are as low as two percent. And today, as the many local mom-and-pop stores eye higher margins, they're turning to technology and digitisation to scale their business – an opportunity that both retail giants and startups are eager to cash in on. [Here, we take a look at startups leading the way as kirana stores make the digital push.]( Cheers, Team YourStory Here's what you need to know to stay caught up on Indian startups, innovations and more. [Doodhwala founders reveal how it disrupted the Indian milk market]( [The state of Milk business in India]( [Zomato partners with eBikeGo; delivery fleet will now use EVs]( Electric two-wheeler rental platform eBikeGo has entered into a partnership with foodtech unicorn Zomato to enable the latter's delivery fleet to leverage electric vehicles instead of using petrol two-wheelers. This collaboration will not just contribute to the environment but also open up employment opportunities for delivery partners who cannot afford a motorcycle. [This Chennai-based startup uses AI to impact the lives of aqua-farmers]( [New Apple TV app rolls out in 100 countries, including India]( Apple is finally rolling out its revamped Apple TV app. The all-new Apple TV app will reach 100 countries, including India. It can be accessed on Apple's own devices as well as on Samsung Smart TVs. Users can access a selection of over 100,000 movies, shows, and live TV. You can also browse, buy or rent content and share subscriptions with up to six family members. [Paytm partners with Citibank to launch contactless-enabled credit card]( [Quikr ties up with Rocking Deals for offline expansion]( After acquiring online marketplace Zefo last month, Bengaluru-based online classifieds marketplace Quikr has tied up with Rocking Deals, a leading certified refurbished and excess inventory brand from Asia. This will help the company provide offline services to its customers by selling at Rocking Deals’ retail store at Mathura Road in Delhi-NCR. The company will initially offer 'Quikr Assured' refurbished products in two categories. As part of Facebook's AI for Social Good Initiative, WSquare is hosting India's First Women-Led Hackathon in AI to support women talent in the field of artificial intelligence with mentorship, support and training. If you're an aspiring programmer, data scientist, or aspire to find solutions for real-time problems through AI, please register here for the Hackathon taking place in Gurgaon on 18th and 19th May at Thoughtworks, Gurgaon: [( Follow us on social media for more frequent updates [Facebook]( [Twitter]( [Instagram]( [Linkedin]( -- [Click Here]( to unsubscribe from this newsletter.

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