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startup | IST

PayNearby: Helping rural India adopt digital financial services

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PayNearby, a leading hyper local network, claims to play a bigger role in hand-holding the underbanked and unbanked population of India. Founded in 2016, PayNearby offers services such as Aadhaar-enabled payment system, money transfers, utility bill payments, insurance, travel tickets across 17,200 pin codes through over 10 lakh retail touch points in India.

PayNearby, a leading hyper local network, claims to play a bigger role in hand-holding the underbanked and unbanked population of India. Founded in 2016, PayNearby offers services such as Aadhaar-enabled payment system, money transfers, utility bill payments, insurance, travel tickets across 17,200 pin codes through over 10 lakh retail touch points in India.
To know how PayNearby is encouraging rural masses to adopt digital financial services through local kiranas, CNBC-TV18’s Shruti Mishra spoke to its co-founder, MD & CEO - Anand Kumar Bajaj.
Premium lingerie and loungewear brand Clovia intends to redefine the Indian lingerie market and help customers choose beyond standard cuts, fits, shapes, designs and colours. The venture has witnessed 100 percent growth in FY21 over FY20 with 85 percent sales coming from online channels.
Also, earlier this month, the lingerie brand raised $4 million in a pre-series C round of funding led by a clutch of investors including Golden Birch Investments and SheCapital Venture Fund.
To know more about the road ahead at Clovia, CNBC-TV18’s Shruti Mishra spoke to its Founder and CEO Pankaj Vermani.
SP Robotic Works is an online edutainment company that specialises in providing experiential learning to students between the ages of 7 and 17 in the latest technologies such as robotics, coding, drone, AI, VR and IoT. The idea is to promote stem education coupled with fun through its AI-powered online learning platforms. 2 students of SP Robotics Community that have developed COVID based projects or solutions are in conversation with CNBC-TV18.
To know more, watch this video.