From Cashfree Payments launching ESOP buyback for 400+ employees to Unbox Robotics raising $28M in Series B, YourStory brings you today’s headlines with the latest developments across sectors.Featured storiesShadowfax CEO on navigating the gig work efficiency puzzle ahead of IPOAbhishek Bansal, Co-founder and CEO Shadowfax, isn’t too worried about the central government’s recent directive to ecommerce companies to stop 10-minute delivery promise.In fact, he believes that rather than stifling growth, these regulations will legitimise the gig worker sector, raise benefits and expand the talent pool. The logistics provider says it allows delivery partner to operate across multiple delivery formats, from ecommerce delivery agents to food delivery or quick commerce riders, all inside one app, making it unique in India’s logistics ecosystem.Now, Shadowfax is set to test the capital markets’ appetite for this model. The Bengaluru-based company, which offers logistics support to a host of consumer marketplaces—from food delivery to beauty and general goods—is set to open its Rs 1,907 crore IPO today.The conversation around the gig economy has intensified in recent months, following the implementation of the Code on Social Security and a series of state-specific legislations. These regulations aim to formalise the sector by introducing a social security welfare fund,… Read MoreYourStory RSS Feed
