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‘Paanch Bhai, Paancho Tabaahi': Delivery Riders Turn Signal Into Fashion Runway
‘Paanch Bhai, Paancho Tabaahi': Delivery Riders Turn Signal Into Fashion Runway

News18

time21 hours ago

  • Business
  • News18

‘Paanch Bhai, Paancho Tabaahi': Delivery Riders Turn Signal Into Fashion Runway

Last Updated: A photo of five rival delivery agents waiting at a traffic signal is going viral for capturing unexpected unity on Indian streets. The United States has the Avengers. Japan gave the world Power Rangers. But India? India has something better, real-life heroes in raincoats, armed with delivery bags and sheer determination. A photo went viral that captures the spirit of modern India most unexpectedly: five delivery executives—each from a rival company—lined up on scooters, waiting at a traffic signal under a flyover. All in vibrant uniforms that unintentionally formed a rainbow of service: red for Zomato, purple for Zepto, yellow for Blinkit, orange for Swiggy, and maroon for Flipkart Minutes. For once, they weren't racing against each other but were paused, shoulder to shoulder, like comrades. It is not often you see rivals standing together like this. These weren't just delivery guys—they were a reminder of the hard work that keeps India going. While we are busy watching shows or sitting in meetings, they are out there in the rain and traffic, dodging potholes and rushing through streets, just to make sure our food, groceries, or medicines reach us on time. This iconic shot was shared on LinkedIn by Aarshita Verma, a Senior Manager at Zepto. Her caption? 'Paanch bhai, paancho tabaahi." Just four words, but it said it all. The image, posted on July 18, has since taken the internet by storm, clocking over 1,200 likes and dozens of witty and heartfelt comments. A user wrote, 'Paanch bhai? Matlab Avengers bhi sharma jaaye itni unity dekh ke!" Another joked, 'I think sab kaa dress-code designer ak hi he." Others dubbed them 'The Infinity Stones of Delivery" and 'India's Fastest League." One comment even played off Spider-Man: 'With great power comes great responsibility—like sharing snacks at the next brainstorming session!" Zepto itself responded in good humour: 'Serving India, one scooter at a time." Some people said BigBasket and Amazon Fresh should also be added to the group. But even without them, these five delivery riders made a strong point—showing teamwork, hard work, and great branding in one rare photo. So next time your order is late, maybe you will remember this photo and smile. Behind every app is a real person in a raincoat, riding through traffic, trying their best to deliver and serve India, one scooter at a time. view comments First Published: July 19, 2025, 10:56 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.

Platform fees now an ‘industry standard,' an ‘inevitable' development
Platform fees now an ‘industry standard,' an ‘inevitable' development

The Hindu

time2 days ago

  • Business
  • The Hindu

Platform fees now an ‘industry standard,' an ‘inevitable' development

What started off as a small experiment — a ₹2 'platform fee' on Swiggy in 2023 — has now grown into an industry standard across e-commerce and quick commerce platforms alike. The fee is no longer ₹2 either: Swiggy now charges ₹10 as a platform fee. There is GST applicable on top of this: one user fumed on social media site Reddit two years ago: 'There's now a GST on platform fee. A fee Zomato/Swiggy invented.' The fees are netting relatively modest sums — Zomato said in its report for the 2023–24 fiscal that the line item earned the firm ₹83 crore that year. But they may be setting the stage for something larger: platform fees are now being charged across all major food and grocery delivery platforms, like BlinkIt, Swiggy, Zomato and Zepto. Even Amazon has started charging a ₹5 'marketplace fee,' something it doesn't appear to charge users in other countries. Spokespeople for Swiggy and Zepto did not respond to a request for comment. A Zomato spokesperson said, 'This fee helps us keep the app running smoothly, invest in product improvements, and continue delivering a smooth and convenient experience for our users. GST is applied as per government regulations and the restaurant's confirmation.' Amazon said in a blog post when it started charging this fee last month that the surcharge is a 'common industry practice,' and that it wouldn't be applicable on bill payments and digital purchases. Platforms generally have multiple sources of revenue in a single order: while food delivery players make money from restaurants by charging a commission of 15–25%, grocery delivery apps own the inventory they're selling, pocketing the margins of the products flying out of their dark stores. But margins remain slim, Digvijay Ghosh, Partner of Consumer Products and Retail at EY-Parthenon told The Hindu. Mr. Ghosh said it was 'inevitable' that such fees would start being charged by platforms. 'Obviously all the platforms are looking to have a focus on profitability and build on that,' he said. 'Traditionally, there have been a lot of investments which the platforms have made in the shape of discounts, and in building the tech infrastructure which drives these platforms.' Why not buff up prices elsewhere instead of adding a fee at checkout? Comparison shopping of sticker prices discourages that, Mr. Ghosh said, as consumers may tend to compare pre-checkout prices and shop based on that. The strategy has some risk of attracting buyers' ire, Mr. Ghosh said: 'I'm pretty sure that some of this will go through a bit of hit or miss depending on where they see consumers reacting adversely.' The fees are a 'growing concern from a consumer point of view,' Amol Kulkarni, director of research at the Consumer Unity and Trust Society (CUTS), a consumer advocacy group and think tank, told The Hindu. 'If it is becoming an industry standard, and all the players are in tandem appearing to increase their prices, there is a concern around anti-competitive practices and entities and platforms acting as a cartel to increase prices for consumers when a product is sold on platforms.' There is a 'transparency and information asymmetry' problem too, Mr. Kulkarni said. Conceding that players were free to increase prices — 'I'm not suggesting for a second that we should regulate prices,' — Mr. Kulkarni says that there is nonetheless a need for 'clear transparency in terms of what are the charges and the consumer should know them' upfront.

Mukesh Ambani and Nita Ambani's son Anant Ambani is again in news, makes it to list of....
Mukesh Ambani and Nita Ambani's son Anant Ambani is again in news, makes it to list of....

India.com

time2 days ago

  • Business
  • India.com

Mukesh Ambani and Nita Ambani's son Anant Ambani is again in news, makes it to list of....

Mukesh Ambani and Nita Ambani's son Anant Ambani is again in news, makes it to list of.... Avendus Wealth and Hurun India unveiled the inaugural edition of the Avendus Wealth – Hurun India Uth Series 2025 with the U30 List, recognising 79 outstanding young leaders who are making a significant impact across the Indian economy. This curated list spotlights two categories of pioneers: visionary first-generation founders whose ventures are valued at USD 25 mn or more and dynamic next-generation leaders leading family-owned businesses with valuations of at least USD 50 mn. Mumbai leads the 'Top Represented Cities by U30 Entrepreneurs' list with 15 entrants, including notable names such as Anant Ambani, Aadit Palicha, and Kaivalya Vohra, reinforcing the city's position as India's capital of young leaders. Notably, Maharashtra leads among all states with 21 entrants. In both lists, Reliance Jio's Anant Ambani ranks at the top and also holds the 9th position in the overall main rankings. Anant Ambani, the youngest son of India's richest industrialist, Mukesh Ambani, has been appointed as the Executive Director of Reliance Industries Limited (RIL) on May 1. Besides this, Anant even serves as a Director on the Boards of Jio Platforms Limited since March 2020, Reliance Retail Ventures Limited since May 2022, and Reliance New Energy Limited since June 2021. He has also served on the Board of Reliance Foundation since September 2022. 29-year-old Telecom heir Anant Ambani, who lives in Mumbai, secured the 9th spot out of 79 leaders for offering 'innovative and tech-driven financial solutions.' The firm combines advanced technology with financial acumen to fuel growth, enhance accessibility, and uphold robust governance standards. 22-year-old Aadit Palicha from Mumbai secured the first position. Kaivalya and Aadit co-founded Zepto, transforming India's quick commerce space. Focused on solving hyperlocal delivery challenges, they built a robust platform powered by real-time inventory and efficient logistics. Their 10-minute grocery delivery model quickly gained traction, reshaping urban consumer expectations nationwide. Besides global fame, Anant has been intensely passionate about animal welfare from a very young age and is currently involved with several compassionate initiatives to rehabilitate at-risk animals and providing them care and dignity in their residual life. The Avendus Wealth – Hurun India U30 List reveals several trends across industries, regions and founder/leader profiles: Kaivalya Vohra (22) from Mumbai stands out as the youngest Co-founder this year, behind the rapid rise of the quick commerce startup Zepto. the rapid rise of the quick commerce startup Zepto. With 13 years in business, Ananyashree Birla (30), brings the longest entrepreneurial track record to the U30 List Aravind Srinivas of Perplexity, stands out for his strong digital influence, holding the highest LinkedIn following of 3.8 lakhs The U30 entrepreneurs collectively employ 64,175 employees – a testament to their operational scale and growing impact on the economy Devika Gholap (28) is the youngest woman in this year's U30 cohort and is driving innovation in digital pathology via OptraSCAN With 8 alumni featured, BITS Pilani leads all undergraduate institutions, followed by IIT Roorkee and IIT Delhi with 6 each

Hurun India: Top 10 youngest entrepreneurs under 30 in India 2025
Hurun India: Top 10 youngest entrepreneurs under 30 in India 2025

Indian Express

time2 days ago

  • Business
  • Indian Express

Hurun India: Top 10 youngest entrepreneurs under 30 in India 2025

Top 10 youngest entrepreneurs under 30 in India 2025: India's startup ecosystem is witnessing a generational shift, as more young founders are breaking away from conventional career paths to build their own ventures. The latest Avendus Wealth–Hurun India U30 List 2025 reflects this changing tide, spotlighting entrepreneurs under the age of 30 who are reshaping industries with fresh ideas and fearless ambition. Leading the list are Kaivalya Vohra and Aadit Palicha, both just 22, and the co-founders of quick commerce platform Zepto, one of the fastest-growing startups in the country. Zepto also tops the funding charts, having raised USD 1.95 billion in equity, followed by AI-based search engine Perplexity, which secured USD 915 million. The list features 79 entrepreneurs, collectively raising USD 5.2 billion in equity and USD 270 million in debt. Of these, 66 are first-generation entrepreneurs, having built their businesses independently, while the rest come from legacy business families. Among the six women on the list, Devika Gholap, 28, is the youngest, recognised for her work in digital pathology through her startup OptraSCAN. Ananyashree Birla, 30, of Svatantra Microfin, brings the most experience to the table with over 13 years in entrepreneurship, while Mihir Menda, 25, represents the global reach of India's entrepreneurial class. Based in Boston, he serves on the supervisory board of RMZ Corporation, one of India's leading real estate firms. Also featured are Anant Ambani, 29, Director at Jio Platforms, and Radhika Ambani, 30, Executive Director at Encore Healthcare, both representing the new wave of leadership in legacy businesses. Below are the top ten youngest entrepreneurs in India, all aged 25 or younger, setting new standards for dedication, resilience, and innovation within the country's evolving startup: Source: Hurun Research Institute, Avendus Wealth – Hurun India U30 List 2025

India's top 10 youngest entrepreneurs: Zepto co-founders lead Hurun Under 30 list 2025
India's top 10 youngest entrepreneurs: Zepto co-founders lead Hurun Under 30 list 2025

Time of India

time3 days ago

  • Business
  • Time of India

India's top 10 youngest entrepreneurs: Zepto co-founders lead Hurun Under 30 list 2025

Zepto co-founders The Avendus Wealth–Hurun India U30 List 2025 has recognised 79 of India's most promising entrepreneurs under the age of 30, showcasing the next generation of business leaders across key sectors like technology, finance, retail, healthcare, and consumer goods. Unveiled on Thursday as part of the Uth Series 2025, this first-ever Under-30 edition highlights both first-generation startup founders whose ventures are valued at over $25 million and second-generation entrepreneurs managing family businesses worth more than $50 million. A key highlight of the report is the rise of self-made entrepreneurs in India. Out of the 79 featured, 66 are self-made, reflecting a growing culture of independent innovation and enterprise, reported ET citing Avendus Wealth–Hurun report. Mumbai tops the list with 15 young entrepreneurs, followed by Bengaluru and Delhi. The report also features emerging founders from smaller cities such as Salem, Phagwara, Hubballi, and Ranchi, underlining the expansion of India's startup ecosystem beyond metro areas. Startups, Sectors & scale by U30s The average age of entrepreneurs on the list is 28. Kaivalya Vohra and Aadit Palicha, co-founders of Zepto, are the youngest at 22. Among women, Devika Gholap, 28, founder of OptraSCAN, is the youngest female entrepreneur, recognised for her innovation in digital pathology. In terms of sector-wise distribution, software products and services lead with 21 entrepreneurs, followed by 12 in consumer goods and 9 in financial services. Notably, over 60% of the businesses are service-led, according to the Avendus-Hurun report as quoted by ET. Collectively, these young leaders have raised $5.2 billion in equity and $270 million in debt funding. Their companies employ more than 64,000 people, indicating their large-scale economic impact. The largest employer among them is Svatantra Microfin, founded by Ananyashree Birla, with 23,289 employees. At 30, Birla also has the longest entrepreneurial experience among those listed, with 13 years in the field. List of top 10 youngest entrepreneurs in the U30 List 2025 Name Company Age City Kaivalya Vohra Zepto 22 Mumbai Aadit Palicha Zepto 22 Mumbai AVR Shree Smaran AVR Swarna Mahal Jewellers 22 Salem Arjun Deshpande Generic Aadhaar 22 Thane Shiva A Sankeshwar Vijayanand Travels 23 Hubballi Ujjwal Sukheja Swish 24 Bengaluru Saran S Swish 24 Tiruchirappalli Aniket Shah Swish 25 Ahmedabad Rahul Rawat Digantara 25 Phagwara Mihir Menda RMZ 25 Boston Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now

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