Uber in early talks to acquire BluSmart
It is in preliminary negotiations to acquire BluSmart, an Indian electric vehicle ride-hailing service. Such a deal could help Uber grow its electric vehicle offering and better compete in the growing market for greener transport.
BluSmart, famous for its clean energy, has been doing well in India. If the deal goes through, it would bolster Uber’s presence in the region and help it achieve its goal of going fully electric by 2040.
The talks have yet to be confirmed by either company, but the move signals Uber is looking at sustainable solutions. This would be a significant step in Uber’s competition to transition to a greener set of vehicles.
Pepsi to acquire soda brand ‘Poppi’ for $1.5B
Pepsi is set to acquire the well-known soft drink Poppi, with an estimated purchase agreement of $1.5 billion. Poppi is a maker of prebiotic sodas that has developed a loyal following of health-minded drinkers.
The deal represents Pepsi’s bid to diversify its portfolio with trendy, better-for-you offerings. The founders of Poppi said that they were excited to join a larger company without abandoning their brand’s distinct identity.
Pepsi hopes the move will help it compete with the expanding market of healthier drinks. The deal will close after regulatory approvals are obtained. The deal also reflects the evolution of consumer taste toward functional and low-sugar beverages. Both companies believe the best is yet to come.
Urban Company start 15-min maid booking service
Urban Company has introduced a 15-minute maid booking system that makes cleaning your home a mini game. The service is designed to assist consumers in finding trained professional cleaners for small jobs, instantly, with minimal wait time.
This is part of the company’s push to save time for families on the go. Users then book through the app, and the maids arrive on time.
Although Urban Company claims the service is affordable and reliable The company hopes it can win over more customers who need fast assistance. This is yet another example of how Urban Company is innovating to serve customer needs.
BSNL, MTNL raise ₹12,984 crore from asset monetisation
BSNL and MTNL have raised ₹12,984 crore by monetising their assets. This step is cited as part of the government’s plan to revive the struggling telecom companies.
The money will allow them to pay down debt and enhance services. Both companies have struggled financially for years. The sale of the assets encompasses both land and buildings.
The government aims that this measure will help in stability and further growth of BSNL and MTNL. Hopeful employees and customers alike. This initiative reflects the government’s determination to revive these state-owned enterprises. The successful monetization is viewed as a turnaround for the telecom sector.
IndusInd Bank CEO and Deputy CEO sold shares worth ₹157 cr
IndusInd Bank managing director and chief executive officer (MD&CEO) Sumant Kathpalia and deputy CEO Suhail Chander sold shares worth ₹157 crore.
The distribution occurred on September 12, 2023, via open market transactions. Kathpalia offloaded 7.5 lakh shares, while Chander sold 2.5 lakh shares.
The bank said the payments were part of their personal financial planning and unrelated to the bank’s performance. While investors responded with caution, the bank tried to reassure them by saying that the leadership is still focused on growth.
The stock market was largely flat after the announcement. The sale has attracted scrutiny, but the bank insists that it is a normal financial decision by its highest-paid officials.
TRAI offer 5 years, Starlink want 20 year satellite license
Elon Musk’s satellite internet company Starlink, meanwhile, is pushing for a 20-year license but the Telecom Regulatory Authority of India (TRAI) has proposed a 5-year one.
Starlink claims a longer license is needed to recoup the high cost of building and maintaining satellite networks. On the other hand, TRAI thinks the ‘adequate period’ should be less so that it can regulate dynamic capital investment in the form of technology and service. The disagreement illustrates the tension between government rules and the needs of private companies.
Starlink targets remote areas to expand internet access, but the final decision on the license duration will play a key role on its plans in India.
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Rajeev – Digital Evangelist | Startup Consultant | Entrepreneur
With 20+ years in SEO, digital marketing, and data analytics, Rajeev has been instrumental in shaping successful online strategies for global brands. As the former Practice Head – SEO & Analytics at WPP/GroupM India, he led high-impact search and analytics teams for over 14 years.
Beyond corporate leadership, Rajeev is a Startup Consultant & Digital Trainer, helping early-stage ventures scale through digital strategies, investor readiness, and technical consulting. He has also been a lead trainer at Digital Vidya and associated with Bhartiya Vidya Bhawan, where he empowered students with practical digital marketing knowledge.
An early-stage investor, he has backed Bihar-based startups like Mostech Softwares and Delhi Foods. His expertise spans SEO, SEM, media planning, mobile app distribution, and website development, ensuring businesses establish a strong digital presence.
He is also very passionate about his mother place or state Bihar and currently, he is working with local entrepreneurs to ensure more digital and e-commerce penetration and want to take it to the next level.
🚀 Exciting new venture coming soon! Stay tuned.
