He will appear in an upcoming campaign promoting the brand’s Hands Free Slip-ins collection. With this partnership, Kartik Aaryan joins Skechers’ lineup of brand ambassadors, which includes actress and several Indian and international athletes.
The investment will go toward upgrading its operations infrastructure, improving safety and well-being programs for employees, and developing new tools and technology for its fulfilment network.
This leadership change comes as Honasa navigates recent disruptions caused by its shift to a new direct distribution model, ‘Project Neev,’ across the top 50 cities.
NPCI is upgrading the UPI system to make transactions faster. As per its April 26, 2025 circular, all banks and payment apps like PhonePe, Google Pay, and Paytm must improve their systems to meet quicker response times.
This change comes as a response to rising competition from new players like Rapido and Namma Yatri, which offer SaaS-style models where drivers keep all their earnings by paying a fixed daily or monthly fee.
The Artha Select Fund (ASF) will make follow-on investments in companies backed by its first fund, Artha Ventures Fund I, and will join Series B and C rounds with cheques of around $2.5 million each.
According to BSE data, PhonePe sold 27.21 lakh shares of MapmyIndia’s parent company, CE Info Systems, at Rs 1,786.22 each. As a result, its stake in the company dropped from 18.74% to 13.74%.
The company said Nailwal’s appointment as CEO officially recognizes the leadership role he has already been playing, now with more operational authority.
Bullet has built India’s first micro-drama app, offering fast-paced, creator-driven content in short, vertical-format episodes aimed at younger audiences.