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News on Medial
64-yr-old UP woman grows saffron indoors, earns ₹10 lakh annually
Inshorts
·
11m ago
Medial
Shubha Bhatnagar, 64, inspired by her passion for agriculture, launched Shubhavni SmartFarms in Uttar Pradesh, focusing on indoor saffron farming. With family support, she invested ₹26 lakh, yielding ₹10 lakh in the first year. Shubhavni uses aeroponic techniques and employs 22 village women. The company plans to expand and has gained recognition as Agritech Startup of the Year.
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Two BTech grads earn ₹20 lakh annually from indoor saffron farming
Inshorts
·
6m ago
Medial
Ashish Bavaliya and Subhash, two fresh B.Tech grads from Hamapur, Gujarat, turned their dream into reality with Hightech Agribiotech. Inspired by Kashmiri saffron, they invested ₹15 lakhs and set up a cold storage facility to cultivate saffron in Gujarat's harsh climate. Their innovative techniques now yield 2 kg annually, earning ₹20 lakhs in revenue.
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MBA grad grows veggies without soil, targets ₹1 cr revenue in FY25
Inshorts
·
1y ago
Medial
Pritpal Singh, an MBA grad from Chandigarh, left his corporate job in 2021 to start Farmcult, a soil-less farming startup. Farmcult offers setup and support, management, and training sessions. Their educational outreach includes workshops on hydroponic farming. Transitioning from exotic flowers to hydroponics, Singh's profits soared to ₹30-35 lakh annually. Farmcult aims for a ₹1 crore turnover.
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Indian govt partners with APNA to boost job opportunities
Inshorts
·
5m ago
Medial
The Ministry of Labour & Employment has entered into a partnership with APNA, a job recruitment platform. The partnership will bring over 10 lakh job opportunities annually to the National Career Service (NCS) Portal. The portal currently has more than 40 lakh registered employers and has processed 4.40 crore job openings since its launch.
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Tracxn posts INR 2.2 Cr in PAT in Q3; Operating revenue grows 4.4% YoY
Inc42
·
1y ago
Medial
Market intelligence platform Tracxn Technologies reported a 64% decline in profit after tax (PAT) for the December quarter of FY24, compared to the same period last year. However, excluding exceptional gains, Tracxn's PAT increased by 55% year-on-year. The company's operating revenue grew by 4.4% YoY. Tracxn aims to improve customer acquisition and expansion as the market opens up further. It is also focusing on paid customer engagement and account expansion. Tracxn's total expenses decreased marginally, and it plans to set up separate teams for customer expansion and engagement initiatives.
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Physics Wallah eyes offline expansion in 2024 with 100 physical centres
Economic Times
·
1y ago
Medial
Edtech unicorn Physics Wallah plans to expand its offline presence to 100 centers in 2024, up from 64. Co-founder Prateek Maheshwari stated that the expansion will be funded from the Rs 100-crore corpus allocated for two years starting January 2023. Physics Wallah aims to reach 2.4 lakh students, up from 1.4 lakh in the previous year. The company is set to enter Tamil Nadu through a partnership with Xylem Learning in 2024. Physics Wallah is also developing Alakh AI, a language-agnostic generative AI study companion, set to launch in February 2024.
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Millionaire who spends ₹16 crore a year on his body shares pic of his 'baby face'
Inshorts
·
1y ago
Medial
Millionaire Bryan Johnson, a 46-year-old entrepreneur who spends ₹16 crore annually to reduce his biological age to 18, shared a picture on X (formerly Twitter). "I got really skinny the first year of Blueprint and lost a lot of facial volume. We started Project Baby Face 10 months ago. How are we doing?" he wrote along with the picture.
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SC Stays Cheating Case Against Shaadi.com's Anupam Mittal
Inc42
·
1m ago
Medial
The Supreme Court has paused a criminal case against Anupam Mittal, founder of Shaadi.com. The case emerged from a complaint by a Hyderabad woman who alleged she was scammed by a man on the platform. Identified as Cherukuri Harsha, he allegedly used a fake profile with a politician’s image, posing as a groom. He deceived her into transferring over INR 10 lakh, citing false emergencies like frozen bank accounts, as reported by The Times of India.
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Over 1.06 lakh claims settled under Ayushman Vay Vandana scheme, Rajya Sabha told
Economic Times
·
10d ago
Medial
More than 1.06 lakh claims have been settled under the Ayushman Vay Vandana scheme since its launch, according to the Minister of State for Health. Designed for senior citizens aged 70 and above, this scheme offers free treatment benefits up to Rs 5 lakh annually. Beneficiaries can access healthcare services across numerous empanelled hospitals. A comprehensive grievance redressal system is in place to ensure dispute resolutions, and health benefit packages have been revised to encourage hospital participation.
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Zomato’s parent Eternal revenue grows 64% in Q4 FY25, PAT drops 78%
Entrackr
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3m ago
Medial
Zomato’s parent Eternal revenue grows 64% in Q4 FY25, PAT drops 78%. Zomato’s revenue from operations grew 64% to Rs 5,833 crore in Q4 FY25 in contrast to Rs 3,562 crore in Q4 FY24, as per the firm’s consolidated financial results sourced from the National Stock Exchange (NSE). Despite strong revenue growth following steady expansion, the Gurugram-based company reported a sharp 78% decline in profit for the quarter ending March 2025. Eternal’s revenue from operations grew 64% to Rs 5,833 crore in Q4 FY25 in contrast to Rs 3,562 crore in Q4 FY24. With this, Eternal’s overall revenue for the fiscal year ending March 2025 jumped 67% to Rs 20,243 crore from Rs 12,114 crore in FY24. Eternal operates several business units, including a food marketplace, Hyperpure, and quick commerce platform BlinkIt. Income from Eternal’s food delivery business contributed 35% of the total revenue in Q4 FY25, growing 18% to Rs 2,054 crore from Rs 1,739 crore in Q4 FY24. Revenue from Hyperpure (B2B supplies) and the quick commerce segment (Blinkit) saw significant growth, rising 93% to Rs 1,840 crore and 122% to Rs 1,709 crore, respectively, during the last quarter of FY25. Earnings from the 'Going-out' segment and other non-operating income brought the Eternal Group’s total revenue to Rs 6,201 crore in Q4 FY25. Delivery and related charges accounted for 25% of Eternal's total expenditure, at Rs 1,552 crore in Q4 FY25. Employee benefit cost rose 89% to Rs 1632 crore, while spending on advertising and marketing increased by 63% to Rs 634 crore in FY24. Overall, the company’s overall expenditure increased by 68% to Rs 6,104 crore in Q4 FY25, up from Rs 3,636 crore in Q3 FY25. An increase in current tax expenses to Rs 74 crore led to a 78% drop in the company’s profit after tax, which fell to Rs 39 crore in Q4 FY25 from Rs 175 crore in Q4 FY24. On a per-unit basis, the Gurugram-based company spent Rs 1.04 to earn every rupee of revenue during the quarter ending March 2025.
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Smartphone maker iQOO names 25-year-old Vedang Vikas as chief gaming officer
Economic Times
·
8d ago
Medial
Smartphone brand iQOO has appointed 25-year-old Vedang Vikas as Chief Gaming Officer. As an experienced gamer and coach, Vedang was selected from over 80,000 participants in a nationwide search across 400 Indian cities. His role focuses on enhancing iQOO's presence in the esports community, co-developing devices, and interacting with gamers. Vedang will collaborate with top Indian gamers and receive a Rs 10 lakh package. Harshvardhan has also joined as an official caster for the brand.
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