BharatPe Partners With ONDC, Aakash Set To Unveil ‘2.0’, MobiKwik Secures SEBI’s Approval and more

BharatPe takes a significant step by partnering with ONDC to enhance food ordering and delivery services. Aakash Educational Services unveils its '2.0' strategy to innovate hybrid learning, while Xiaomi India seeks to challenge the CCI's antitrust report against Flipkart. In healthcare, Redcliffe Labs strengthens its portfolio with the $7 million acquisition of Celara Diagnostics, and MobiKwik secures SEBI’s approval for a substantial INR 700 Cr IPO. Meanwhile, DOMS expands its horizons by acquiring a 51.77% stake in Uniclan Healthcare.

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What Matters

“Janmo Ke Saathi”: BharatPe Onboards ONDC To Facilitate Food Ordering And Delivery

BharatPe has joined hands with ONDC to enable food ordering and delivery on its app, giving users access to over 1.4 lakh restaurants across 400+ cities. With real-time order tracking and seamless UPI payments, customers can now enjoy a streamlined experience.

Additionally, BharatPe has expanded its offerings with an e-commerce section, featuring vouchers from major brands like Amazon.

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“Abhi Mujh Mein Kahin”: Aakash Chalks Out '2.0' Το Boost Operations, Build Hybrid Learning

Aakash is gearing up for its ‘2.0’ upgrade, focusing on expanding operations and launching hybrid learning centers. While distancing itself from BYJU’S, Aakash’s CEO assures that recent turbulence in the edtech space won’t derail their new strategy.

Despite recent layoffs, Aakash 2.0 is all set to blend the best of online and offline learning for students.

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“Anyay Ke Bhogi”: Xiaomi India Calls For CCI To Withdraw Flipkart Antitrust Report

Xiaomi India has urged the Competition Commission of India (CCI) to retract its antitrust report on Flipkart, stating that it contains sensitive data. The report accuses Xiaomi and Flipkart of colluding to violate competition laws, a claim the smartphone maker firmly denies.

Xiaomi’s appeal underscores the growing tensions between major players in India's digital marketplace and regulatory bodies.

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“Waah, Kya Scene Hai”: Redcliffe Labs acquires Celara Diagnostics for $7 Mn

Redcliffe Labs is making a bold move with its acquisition of Celara Diagnostics for $7 million, aiming to expand its diagnostic portfolio. The deal, approved by Redcliffe’s board, will bring Celara’s radiology and pathology expertise under its wing.

With this acquisition, Redcliffe is set to strengthen its presence in the healthcare diagnostics space across India.

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“Taiyyari Jung Ki”: MobiKwik Gets SEBI Nod For INR 700 Cr IPO

MobiKwik has secured SEBI’s approval for its INR 700 Cr IPO, which will consist solely of fresh equity shares. The fintech unicorn aims to use the funds to boost its financial services and payments segments.

With a possible pre-IPO placement of INR 140 Cr also on the table, MobiKwik is gearing up for a significant leap in its growth journey.

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“Spread Your Wings And Fly Away”: DOMS acquires 51.77% stake in Uniclan Healthcare

DOMS Industries has branched out from stationery to healthcare, acquiring a 51.77% stake in Uniclan Healthcare for Rs 54.88 crore. The move marks DOMS' entry into the baby care and hygiene segment, expanding its portfolio beyond art supplies.

This strategic investment could open new avenues for growth in the fast-growing personal care market.

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1. TraqCheck has secured funding to expand its employee verification services, with participation from Bellavita's founder Aakash Anand. Serving over 200 clients, the company is poised to tap into the booming $18.6 Bn background verification market projected by 2026.

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2. Zomato shares hit a new all-time high of INR 298.05, continuing their four-day winning streak amid a broader market rally. The foodtech giant's stock has surged nearly 140% this year, driven by its improving profitability and positive market sentiment.

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3. The Wellness Co. has secured INR 60 Cr from EaseMyTrip to boost its health initiatives and expand its presence in key cities both in India and abroad. This investment will also enhance its offerings of advanced, medically supervised treatments, tapping into the rising demand for wellness tourism.

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4. Kapiva, the homegrown D2C ayurvedic nutrition brand, has raised approximately $10 million (Rs 83.5 crore) from existing investors, including OrbiMed Asia. This funding will support Kapiva's growth strategy as it continues to expand its footprint in the wellness market.

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