Velocity commits Rs 100 Cr to expand AI-led shipping platform
Ecommerce enablement company Velocity said it has earmarked Rs 100 crore to scale its logistics arm, Velocity Shipping, as it looks to expand its presence in the shipping aggregation market and invest in AI-driven tools across the logistics chain.Velocity Shipping — formerly known as Shipfast — will receive the investment over the next two years, funded through internal accruals and revenue from the company’s core businesses, Velocity said in a statement.Launched in 2025, the shipping platform has onboarded more than 900 brands, around 60% of which are existing Velocity partners. The company said the logistics vertical now contributes roughly 40% of overall revenue and recorded about 70% month-on-month growth in order volumes. In December 2025, the platform processed over one million shipments, according to the company.Velocity plans to deploy the capital toward hiring, product development and AI-led interventions designed to address delivery verification, returns management and billing reconciliation. The company said it intends to double its shipping team and has hired senior executives with prior experience at logistics firms including NimbusPost, Pickrr, Delhivery and Shiprocket. It is targeting a fivefold increase in monthly shipping volumes in calendar year 2026.“We started Velocity by solving one of the biggest bottlenecks for digital-first… Read MoreYourStory RSS Feed
Meet D4NP, a tech-for-good startup enabling non-profit organisations with digital tools
Non-profit organisations in India, and around the globe, have traditionally stayed away from digital transformation. However, Artificial Intelligence (AI) is now changing the game. Tech-for-good startup Digital For Nonprofits (D4NP) is one such startup that is building GenAI solutions (among other things) to help non-profits in India become more technologically savvy.New Delhi-based D4NP’s story started a decade ago. As digital marketing was taking off in India in 2008, Abhinav Chetan was part of Google LLC’s Delhi office, working at the forefront of the country’s growing internet economy. In his 12-year stint at the company until 2020, Chetan got many opportunities to get involved in projects outside of his primary responsibilities—some of which involved working with non-profit organisations. In 2012, he took a 40-day break to train as a yoga teacher at the Sivananda Yoga Ashram in Kerala. After he returned, he wanted to do something for the organisation. “They knew yoga. They gave me the gift of practice. I knew digital marketing. So in 2014, I helped them get a Google ad grant. Now they use other technological tools too. That showed me that a 60-year-old ashram with no understanding of the digital space and outreach could suddenly access a lot of ad… Read MoreYourStory RSS Feed
How can Indian carbon removal startups get a stamp of approval...
India has emerged as a major exporter of carbon credits in the global market, accounting for 17% of credits being issued every year. Recent times have seen many startups emerge in the space, setting up carbon removal projects in India. Some of these startups, like Alt Carbon and Varaha, have also gone on to sign offtake agreements with US-based tech giants, Microsoft and Google, among others. The voluntary carbon markets run on rigorous verification and testing to ensure that the credits are credible. These startups have to follow methodologies and standards that are set by agencies, constantly measuring their progress and testing their results in labs so as to generate certified carbon credits. As of 2026, the Indian government is also setting up a Carbon Credit Trading Scheme (CCTS), which will be the country’s first national framework designed to put a price on carbon emissions. Meanwhile, Indian startups can verify their credits and list on a range of registries that are available globally. Many of these registries have their own checks and balances in place to evaluate the credibility of the carbon removal project and carbon dioxide removal from it. Also ReadAlt Carbon raises $12M in seed round led by Lachy Groom to accelerate… Read MoreYourStory RSS Feed
Why PhysicsWallah Is Going Back To School
Cybersecurity breaches emerge as top risk for India Inc: FICCI-EY Survey
Cybersecurity incidents are now seen as the single biggest threat to business performance for Indian companies, with over half of senior executives (51%) naming them as their top concern, according to a survey released on Sunday.The FICCI-EY Risk Survey 2026 also highlighted mounting pressure from market and geopolitical shifts. Nearly half of respondents pointed to evolving customer expectations (49%) as a key challenge, while 48% cited geopolitical developments, reflecting the increasingly external nature of corporate risk exposure.Based on feedback from senior leaders across industries, the report indicates that technology risks are becoming inseparable from day-to-day operational resilience. Rapid digital change is altering competitive landscapes, with 61% of participants saying technological disruption is already influencing their ability to compete. An identical share viewed cyber intrusions and data breaches as material threats to finances and reputation.“More than half, 57%, report potential data theft and insider fraud as significant risks, and 47 % acknowledge difficulty in addressing increasingly sophisticated cyber threats,” the report stated.The study draws on a web-based poll of 137 senior decision-makers, including CXOs. Technology firms made up the largest segment of respondents at 21%, followed by professional services organisations.Artificial intelligence was identified as both an opportunity gap and a governance… Read MoreYourStory RSS Feed
Pune Metro Gets Additional Rs 517 Crore For Expansion Across City
Pune’s public transport system is poised for a significant boost after the Union Budget earmarked ₹517 crore specifically for extending the Pune Metro network. The allocation was announced by Nirmala Sitharaman and is intended to fast-track metro expansion across Pune as well as the Pimpri-Chinchwad area in the coming years. Union Budget Boosts Pune Metro with ₹517 Crore for Network Expansion A key project drawing widespread attention is the Hinjawadi–Shivajinagar Metro line, which is expected to begin operations in March. Once services start, the new line is projected to slash commute time between Hinjawadi and Shivajinagar from almost two hours to roughly 30 minutes. This reduction in travel time is expected to bring major relief to thousands of daily commuters who currently face long and unpredictable journeys. Metro officials have confirmed that trial runs on the Hinjawadi–Shivajinagar stretch have been completed successfully. These trials were conducted under the supervision of Dr Yogesh Mhase, and preparations are now focused on the official launch of the line. The corridor will directly link Shivajinagar with the Rajiv Gandhi IT Park in Hinjawadi, a zone that experiences intense daily traffic. The area sees regular movement from over 2.2 lakh IT professionals working in nearly… Read MoreBusiness Archives - Trak.in - Indian Business of Tech, Mobile & Startups
Texas Bans H1B Hiring At Colleges, Agencies
Like a drawbridge lifting over a busy river, Texas has paused the flow of global talent at its public institutions. Texas Pulls the Brake Governor Greg Abbott has ordered Texas state agencies and public universities to stop filing new H-1B visa petitions until next year, a move affecting a state that employs thousands of foreign professionals through the program. The decision aligns with broader efforts by the Trump administration to reshape the visa system, long criticized by conservatives who argue it undercuts American workers by favoring lower-paid overseas labor. Abbott framed the pause as a matter of principle, writing, “State government must lead by example and ensure that employment opportunities — particularly those funded with taxpayer dollars — are filled by Texans first.” Supporters of the freeze say it buys time. Abbott argues the halt will allow lawmakers to craft “statutory guardrails,” give Congress room to amend federal law, and let ongoing federal reforms take effect. The order runs through May 31, 2027, though exemptions may be granted by the Texas Workforce Commission. Talent, Tension, and the Stakes Critics warn the decision could deepen staffing shortages and weaken Texas’ research and health care institutions. Rep. Ramon Romero Jr. countered that… Read MoreBusiness Archives - Trak.in - Indian Business of Tech, Mobile & Startups
Adani Group To Manufacture Helicopters In India, In Partnership With Italy’s...
As new rotors take shape on the horizon, India’s defence ambitions rise like a helicopter lifting steadily into sovereign skies. A New Rotor for Self-Reliance Adani Defence & Aerospace on Tuesday signed a memorandum of understanding with Italian aerospace major Leonardo to build a helicopter manufacturing ecosystem in India, aimed at meeting the expanding needs of the Indian armed forces and strengthening domestic defence production. The partnership will focus on Leonardo’s AW169M and AW109 TrekkerM helicopters, with an emphasis on phased indigenisation, advanced maintenance, repair and overhaul (MRO) capabilities, and end-to-end pilot training, the companies said in a joint statement. The MoU was signed in the presence of defence secretary Rajesh Kumar Singh and director general (acquisition) A Anbarasu, underlining the government’s intent to accelerate self-reliance in defence manufacturing. The collaboration seeks to align industrial capability with the armed forces’ long-term requirements for light utility, medium-lift and maritime multi-role helicopters, at a time when demand for rotary-wing platforms is expected to surge. “By fusing Leonardo’s world-class helicopter design and engineering prowess with Adani’s defence and aerospace expertise, the initiative advances the Atmanirbhar Bharat vision, strengthens national defence readiness, with the potential to be extended to civil aviation applications and international… Read MoreBusiness Archives - Trak.in - Indian Business of Tech, Mobile & Startups
Bengaluru’s Shopping Hub Malleswaram To Have Hourly Pay & Park System
Like a crowded bazaar finally learning to breathe, Malleswaram’s streets are preparing for a more orderly rhythm. Parking Gets a Price Tag Bengaluru’s Malleswaram, one of the city’s most vibrant shopping districts and a long-time victim of roadside parking chaos, is set for a significant change. To tackle chronic congestion, the West Zone of the Greater Bengaluru Authority (GBA) plans to roll out a pay-and-park system across seven busy commercial roads. Once implemented, cars, scooters and bikes will no longer park for free, with structured hourly fees and daily passes replacing the current free-for-all. The civic body has floated a tender to introduce paid parking facilities on Sampige Road, 18th Road, 15th Road, 11th Road, 8th Road, 4th Road and 2nd Main Road. These streets see intense footfall and vehicular movement, particularly during peak shopping hours, when poorly regulated parking often leads to severe traffic bottlenecks. Officials believe that regulated parking will help restore smoother traffic flow and reduce unnecessary delays. Under the proposed system, cars will be charged Rs. 30 per hour, while two-wheelers will pay Rs. 15 per hour. In addition to hourly charges, GBA plans to offer daily parking passes aimed at frequent visitors, local traders and… Read MoreBusiness Archives - Trak.in - Indian Business of Tech, Mobile & Startups
Apple’s 6th Store To Open In Hyderabad: Hiring Starts For Store...
Like a glowing apple rolling steadily across new ground, Apple’s India journey continues to gather momentum. Hyderabad Next on Apple’s Retail Map Apple appears poised to expand its physical retail footprint in India, with Hyderabad emerging as the likely next destination for a new Apple Store. While the company has not formally announced the launch, strong signals are already in place. Apple has begun hiring for three key retail roles—store leader, senior manager and manager—through its official website, with all positions based in Hyderabad. The recruitment drive has fuelled speculation that the company is preparing to open its seventh store in the country. Apple entered India’s brick-and-mortar retail space in 2023, opening two flagship stores in quick succession—Apple BKC in Mumbai and Apple Saket in New Delhi. The momentum continued in 2025 with three more outlets: Apple Koregaon Park in Pune, Apple Hebbal in Bengaluru, and Apple Noida in the Delhi-NCR region. With five stores currently operational, Apple is clearly accelerating its retail strategy. Only recently, Apple CEO Tim Cook confirmed that a sixth store—Apple’s second in Mumbai—is on the way, though without a specific timeline. If the Hyderabad store materialises as expected, it will mark the company’s seventh retail… Read MoreBusiness Archives - Trak.in - Indian Business of Tech, Mobile & Startups



















