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PayNearby Launches Digital Naari To Onboard 1 Lakh Women ‘Lakhpati Didis’ By 2025

OutlookIndia

OutlookIndia · 1y ago

PayNearby Launches Digital Naari To Onboard 1 Lakh Women ‘Lakhpati Didis’ By 2025

PayNearby has launched the Digital Naari platform, aimed at providing additional income generation opportunities for women in rural and semi-urban areas in India. The initiative, aligned with the government's 'Lakhpati Didi' program, aims to uplift and empower 1 lakh women by 2025, enabling them to provide a range of financial and digital services to the masses. PayNearby currently operates through a network of over 10,000 women, conducting transactions worth over Rs 1000 crores annually. The Digital Naari platform aims to partner with organizations and self-help groups to expand its reach and promote financial and societal independence among rural women.

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From Banaskantha to boardrooms: Gautam Adani’s pledge for women’s empowerment

Business Today

Business Today · 5m ago

From Banaskantha to boardrooms: Gautam Adani’s pledge for women’s empowerment

Gautam Adani, Chairman of the Adani Group, is committed to promoting gender equality and women's empowerment. Inspired by the women in his life, he supports initiatives like the Butterfly Effect framework and the Lakhpati Didis program under the Adani Foundation. These programs focus on enabling women to achieve financial independence, with over 1,000 women already benefiting. Adani's pledge underscores the importance of empowering women for broader societal progress.

About 10 crore new women have joined self-help groups: PM Modi

YourStory

YourStory · 1y ago

About 10 crore new women have joined self-help groups: PM Modi

Prime Minister Narendra Modi emphasized the positive impact of self-help groups on women empowerment in India. He highlighted that around 100 million women have joined these groups, leading to their economic self-reliance and active participation in family decision-making. Modi also praised the success of Indian CEOs worldwide and drew a parallel to the achievements of women in these self-help groups, often referred to as "Lakhpati Didis" (millionaire sisters). The government has allocated substantial funds, with Rs 9 trillion already provided, to support these women's self-help groups.

Candere Hurun List 2025: Kotak Mahindra Bank’s Shanti Ekambaram leads India’s top women professionals

Business Today

Business Today · 2m ago

Candere Hurun List 2025: Kotak Mahindra Bank’s Shanti Ekambaram leads India’s top women professionals

Shanti Ekambaram, Deputy Managing Director of Kotak Mahindra Bank, tops the 2025 Candere Hurun India Women Leaders List. Celebrating influential Indian women across business and innovation, Ekambaram, at 62, leads a ₹3.82 lakh crore enterprise, noted for digital banking advancements and financial inclusion. The list, by Candere and Hurun India, highlights 97 women across five pillars—Wealth Creation, Value Creation, Philanthropy, Start-ups, and Culture, with leaders representing over ₹11.7 lakh crore in value.

Digital Push Pays Off: 73% MSMEs Grow via UPI, Smartphones, Women

StartupTalky

StartupTalky · 2m ago

Digital Push Pays Off: 73% MSMEs Grow via UPI, Smartphones, Women

A survey by PayNearby revealed that over 73% of MSMEs have experienced business growth through digital adoption, primarily via UPI and smartphones. The report highlights increased digital integration among semi-urban and rural businesses, with women entrepreneurs showing higher technology adoption rates. Digital payments, particularly UPI, are gaining traction, and there’s growing exploration of AI tools. The findings emphasize the role of digital tools in enhancing MSME operational efficiency and business scaling.

Nearly half of MSMEs polled prefer UPI for business transactions, says report - The Economic Times

Economic Times

Economic Times · 1m ago

Nearly half of MSMEs polled prefer UPI for business transactions, says report - The Economic Times

The MSME Digital Index Report by PayNearby reveals that nearly half of micro, small, and medium enterprises (MSMEs) prefer UPI for business transactions, with Aadhaar-enabled banking being the second choice. Among women entrepreneurs, Aadhaar banking is even more favored. The report, based on a survey of 10,000 individuals and MSMEs, highlights increased digital adoption, improved operational efficiency, and rising use of smartphones as primary business tools, showcasing MSMEs' modernization efforts.

Easy Trip Planners partners with Ministry of Rural Development to empower self help groups

Thehindubusinessline

Thehindubusinessline · 1y ago

Easy Trip Planners partners with Ministry of Rural Development to empower self help groups

Easy Trip Planner Ltd.'s online travel platform, EaseMyTrip.com, has entered into a partnership with India's Ministry of Rural Development to train women belonging to Deendayal Antyodaya Yojana-National Rural Livelihoods Mission's Women's Self Help Groups (SHGs). The initiative, known as Lakhpati Didi Yojana, aims to empower rural women by providing them with skill development and entrepreneurial training. EaseMyTrip will offer training to one member per SHG in 800 districts across India, covering various travel reservation segments. The partnership also includes revenue-sharing from bookings made by the SHG members for promoting financial independence.

PayNearby plans to go public next year, says CEO - The Economic Times

Economic Times

Economic Times · 8d ago

PayNearby plans to go public next year, says CEO - The Economic Times

Indian fintech firm PayNearby plans to launch an initial public offering in the next financial year to fund expansion, according to CEO Anand Kumar Bajaj. Unlike industry giants Paytm, PhonePe, and BharatPe, which dominate payments and lending, PayNearby leverages a network of local retailers to deliver digital services. The company aims to increase its retailer network by 500,000 over two years and hire approximately 550-600 employees by the end of the current fiscal year.

Digital media claims 46% of India’s Rs 1 lakh crore ad market: Crisil

Economic Times

Economic Times · 26d ago

Digital media claims 46% of India’s Rs 1 lakh crore ad market: Crisil

India's advertising industry reached Rs 1 lakh crore in fiscal 2025, with digital media capturing nearly 46% of total ad expenditures, as reported by Crisil Intelligence. Traditional media's share has decreased significantly, while digital advertising has surged, driven by sectors like FMCG, automobiles, and e-commerce. Social media now dominates digital ad spend, bolstered by short-form videos. Crisil anticipates continued growth in digital ad spending, highlighting the need for supporting domestic digital platforms to retain economic value locally.

Namma Yatri launches cab services in Bengaluru, says no subscription fees till October

Economic Times

Economic Times · 1y ago

Namma Yatri launches cab services in Bengaluru, says no subscription fees till October

Bengaluru-based ride-hailing firm Namma Yatri has launched its cab services in Bengaluru, its largest market. The company is offering a subscription-free service to cab drivers for the initial period and plans to charge a daily fee of INR 90 for unlimited rides starting from October 1. Namma Yatri aims to onboard over 1 lakh drivers in the next six months. The company also plans to introduce rentals and inter-city rides for cabs in Karnataka and begin testing cab rides in Delhi soon. Namma Yatri is targeting operational profitability in new markets within a year.

Sisters build ₹5 Cr Chikankari brand from ₹1 lakh startup

Inshorts · 2m ago

Amid the 2020 pandemic, sisters Anuja and Pratanksha Gupta launched Chowkhat with ₹1 lakh, reviving Lucknowi Chikankari through affordable fashion. Starting from home in Ghaziabad, their Instagram-led brand now earns ₹5 crore and empowers 40+ women. Their journey blends tradition, digital savvy, and social impact, proving how passion and grit can stitch a powerful success story.

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