Hello, Something old, something new at Ola. Ola Cabs is rebranding to Ola Consumer as the company spreads its wings beyond mobility. It has launched , a loyalty programme for users across mobility, ecommerce and logistics services, and also relaunched its shared cabs feature.
The company also has massive ambitions for its AI venture , which will design and develop India’s first AI silicon chips by 2026 to manage complex AI tasks and workloads. Also, just a few days after its blockbuster listing on the Indian stock market, e-scooter maker Ola Electric is tapping into the electric motorcycle segment. The company has launched series of motorcycles priced between Rs 74,999 and Rs 2 lakh.
Moving on, Flipkart continues to deliver for Walmart. The US-based retailer, whose international revenue (including Flipkart, PhonePe, and Myntra) grew by 8.3% YoY in the April-June 2024 quarter, said that Flipkart delivered double-digit and positive contribution margin.
X’s new AI image generator is going berserk and sparing no one. Lastly, TechSparks 2024— ’s flagship startup-tech summit—will decode the next phase of growth with our theme: Building Bharat: Level 3.0.
Grab your for the grand 15th edition to be held in Bengaluru on September 26-28. In today’s newsletter, we will talk about Here’s your trivia for today: How many days does Tour de France last? Startup At the end of their lifecycle, some EV batteries are improperly disposed of, which can pollute the environment and harm plants, animals, and humans, while others are recycled. This is where the technology developed by BatX Energies comes in.
The startup recycles lithium-ion batteries to mine critical minerals like lithium, cobalt, and nickel, which are then used to make new lithium batteries. Circular economy: Startup Coimbatore-based entrepreneur couple Praween KR and Sindhuja K want to build on the strong connection between chocolates and love with their brand of artisanal chocolates laden with nuts, berries and natural aphrodisiacs. Born in June last year, TheCocoLove is bootstrapped with an initial investment of Rs 20 lakh from personal savings.
Made with love: Health Myna Bolo is an LLM-powered chatbot that claims to provide medically accurate information on the sexual and reproductive health of women on topics such as family planning, pregnancy, infertility, and menstrual hygiene. Source of information: News & updates Answer: 21. We would love to hear from you! To let us know what you liked and disliked about our newsletter, please mail .
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