Sodexo launch India’s first-ever Enterprise Foodtech Program

Sodexo, global food services major, has announced a strategic initiative to work with Indian Startups and closely connect with the local digital & innovation ecosystem to strengthen food offers for Sodexo’s clients and consumers. This open innovation program is in partnership with Zone Startups, a global brand of tech accelerators and early stage venture funds, demonstrating its strong commitment to fast-track growth in the Indian market. The initiative is an effort to extend Sodexo’s Open Innovation Program that has been successful in France and is now focusing on Asia Pacific –…

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OBOPAY offers advanced pre-payment instrument for enterprise customers

 In an effort to empower enterprises with a comprehensive disbursement and payments solution, OBOPAY, the global financial technology company, has launched a new generation pre-payment instrument in partnership with Federal Bank and Mastercard. The highlights of the card include unique innovations such as the multi-wallet facility that allows dedicated payments and allocation of money for various purposes, the ‘Split transaction’ feature which provides payment flexibility to users and multiple payment scenarios among many others. While Cardholders will be able to use the OBOPAY card as a prepaid card, the card will also provide…

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Fabrento begins events rental furniture supply

Fabrento, an online rental startup, backed by Continental Group, has entered into events segment with its new range of furniture, FabEvents. Started in 2016, with FabEvents, Fabrento has become the first rental startup to cater to the event sector. FabEvents lets its customers to lease furniture on rent payable per day. Furniture categories offered in FabEvets ranges from the delectable variations of Sofas, magnificent Varity of chairs, heavily crafted decors and much more, along with its customization facility. Fabrento is currently operational in Delhi NCR, Mumbai/Thane, Chandigarh, Mohali, Jalandhar, Ludhiana, Ambala…

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DTDC strengthens back-end security structure

Domestic express distribution major DTDC has strengthened its back-end security structure by deploying the advanced version of Fortinet Security Fabric. Fortinet (NASDAQ: FTNT), is a leading global player in broad, integrated and automated cybersecurity solutions. The move is meant to respond to the increasing cyber threats. The company decided to upgrade its existing firewall implementation to segment and control its network. The growing business demanded advanced threat protection capabilities with higher throughput to provide real-time connectivity and support for its end-to-end consignment tracking and tracing of shipments. The refreshed Fortinet…

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Raj Subramaniam to take command as FedEx Express CEO

  There would be a change in guard in the top tier FedEX Express from the beginning of the next year. The company has announced Raj Subramaniam, currently executive vice president, chief marketing and communications officer of FedEx Corporation, succeeding the current CEO David Cunningham. David is retiring after a very successful career of 36 years.  Subramaniam has been with FedEx for more than 27 years and has held various executive level positions in several operating companies and international regions. He began his career in Memphis and subsequently moved to…

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Farm to retail platform receives Rs 250 crore funding support

Ninjacart, the technology platform that connects farmers with retailers, has received a major funding support of Rs 250 crore. Its series B funding round got the support from a clutch of investors including Accel US, Syngenta Ventures (Switzerland / USA), Neoplux (South Korea), etc. The platform is presently covering three major cities in the southern part of the country – Bengaluru, Hyderabad and Chennai – connecting over 3000 farmer with retailers. The fresh funding support is expected to expand its reach to 10 cities in the country. It will also…

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Japanese firm invests in Indian meat delivery start-up

Japanese business conglomerate Nichirei Corp has invested in the Indian Meat and seafood delivery start-up Licious. Nichirei led the series- D round of funding which ultimately delivered $25 million funding for the further expansion of Licious. As per available details, the fund will be used by Licious to expand its geographical reach within the country with leading metro markets like Mumbai, Pune and Chennai, being the prime targets in 2019. The company has already built a base in other lucrative markets like Delhi/NCR, Bengaluru and Hyderabad. The company has reported…

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WTTCII appoints Spicejet chief as Vice-Chairman

The Indian chapter of world’s leading tourism body, World Travel & Tourism Council (WTTC), has appointed Spicejet CMD as Vice-chairman for 2019. The decision was taken at the recently held Annual General Meeting of the World Travel & Tourism Council, India Initiative (WTTCII) in New Delhi. “I am delighted to take over as Vice Chairman of WTTCI. India’s culture and diversity make it a land of unlimited opportunities. Our travel and tourism industry has enormous potential but it faces numerous challenges, of which the most critical is lack of appropriate…

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flydubai announces new fare structure for economy class

Dubai-based flydubai has launched new fare structure for its economy class passengers. The new fare types are applicable for all bookings made from 02 December onwards and allows passengers to choose between Lite, Value and Flex bundles designed to cater to their different travel needs and budget. Commenting on the launch of the new fare structure, Hamad Obaidalla, Chief Commercial Officer at flydubai said: “The new fare restructure is the latest in a series of product innovation by flydubai which has seen the introduction of an award winning new cabin…

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SLCM Group Wins CII SCALE Awards

Sohan Lal Commodity Management (SLCM), India’s leading agri services solutions provider having operations across India & Myanmar,has been conferred with CII Supply Chain and Logistics Excellence (SCALE)Award 2018 in the ‘Agri-warehousing category’ for the 3rd year in a row. SLCM made it to the CII Institute of Logistics shortlist for the SCALE awards for the 3rd time for driving excellence in the field of agri-supplychain and agri-warehousing in India and demonstrating their success indevising innovative technologies in agri industry consistently. AnkurJaipuria, Chief Business Officer  received the award from Chief Guest N…

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