Latest news with #Meesho
Time of India
2 days ago
- Time of India
Karnataka youth duped of Rs 1.23 lakh in work-from-home WhatsApp scam
MANGALURU: A youth from Kundapur taluk was allegedly duped of Rs 1.23 lakh by fraudsters who promised him a work-from-home job through WhatsApp. In a complaint, Prithvi, 24, a resident of Kundapur taluk, stated that on July 18, he received a message on WhatsApp from a person claiming to represent Meesho company, offering a work-from-home job involving product sales. Prithvi was assigned tasks and initially paid Rs 993. After completing four such tasks, Rs 1,500 was credited to his account, which built his trust. Believing the offer to be genuine, he went on to transfer a total of Rs 92,880 in phases from his own bank account. In addition, Rs 20,000 was transferred from the bank account of his aunt's son, and another Rs 10,125 from the account of another cousin. Altogether, the fraudsters allegedly collected Rs 1.23 lakh. A case was registered at Amasbail Police Station, invoking Sections 66(C)(D) of the IT Act and Section 318(4) of the Bharatiya Nyaya Sanhita (BNS).
Time of India
6 days ago
- Business
- Time of India
41st anniversary of The Times of India, Bengaluru: Large-hearted ooru
By: Atul Satija India's Startup Capital Is Quietly Building Thoughtful Philanthropy When people speak of Bengaluru, they typically discuss startups. A city where every second building houses a team of twenty trying to crack an idea, a prototype, a product market fit It's not just the innovation that stands out, it's the mindset. A certainrestlessness to ask: What's broken? Why does it stay broken? What's the smartest way to fix it? That instinct, this curiosity, I've come to believe, runs through more than just tech. It isn't just building consumer tech or enterprise platforms. You Can Also Check: Bengaluru AQI | Weather in Bengaluru | Bank Holidays in Bengaluru | Public Holidays in Bengaluru It's quietly reshaping something else entirely: the way this city gives. I've spent the last 25 years working across both the corporate and development sectors. And in that time, I've seen a quiet but powerful shift in how philanthropy is thought about and practiced in Bengaluru. One that's less about legacy and more about problem solving. A kind of giving that is as first-principles and design thinking oriented as the startups that made this city famous. When wealth met willingness Bengaluru's philanthropic rise wasn't just a result of intent; it was also about timing. It was the result of new money meeting new questions. Around 2013, as India's startup ecosystem matured, many early founders were seeing wealth for the first time. Azim Premji had already set a benchmark, not just with the scale of his giving, but with the approach: longterm, institution-building philanthropy that worked with the state to strengthen public systems. Nandan and Rohini Nilekani invested in digital public goods- platforms that could serve as foundational layers for water, finance, and governance. Kiran Mazumdar-Shaw focused on strengthening health systems and biotech capacity. These moves weren't just generous; they were thoughtful and design-led. They inspired a newer generation of givers, including Prashanth Prakash of Accel, Nithin and Nikhil Kamath of Zerodha, Vidit Aatrey of Meesho, and many more. There's been a shift in how the newer generations have started seeing philanthropy: not as charity, but as catalytic capital for solving wicked problems. New mindset for philanthropy Bengaluru's philanthropic story is different from that of older Indian cities. In Mumbai, giving is often rooted in legacy- family foundations, inherited wealth, and decades-old institutions. In Delhi, it's more often linked to proximity to the state, policy, and advocacy. Bengaluru's giving culture is newer and in some ways, more experimental. Most of its wealth is first-generation. The volume of giving might not yet stand out. Mumbai still leads there. But it differs in the quality of giving. Many of its donors are engineers, product leaders, or founders who exited their startups and began asking what they could build next, not necessarily for the market, but for the country. They aren't looking to support the next big NGO. They are looking to understand why some programs stick while others don't. They question assumptions, challenge models, and most refreshingly, admit what they don't know. They have the patience, the back-end focus. The willingness to fund the invisible yet crucial layers, organisational tech systems, measurement frameworks, leadership development, that will allow social impact to scale. That humility is part of what defines Bengaluru's philanthropic identity. Along with a quiet appetite for collaborative bets, most Bengaluru funders are comfortable with iteration. They don't expect linear progress or perfect outcomes. They're okay with funding something that may fail, as long as it's trying to solve a root problem. And most critically, there's a bias for listening. I've seen people with enormous capacity sit silently through field reviews, only to ask one sharp question at the end. I've seen high-networth individuals defer to grassroots leaders because they know the latter holds the real insight. This culture, thoughtful, unassuming, and long-term in its lens, is what makes Bengaluru's giving ecosystem not just promising, but instructive. Opening up new opportunities Because of this ecosystem, we're seeing philanthropy move into bold, underfunded areas—supporting rural micro-entrepreneurs, funding nonprofits that work in low-income geographies, investing in tech platforms that serve the public good, and backing public institutions like the Museum of Art & Photography (MAP), the Science Gallery, and the Bangalore International Centre (BIC) that nurture civic imagination, dialogue, and cultural capital. We've seen funders commit to 5–7year partnerships. We've seen government–nonprofit collaboratives flourish because donors were willing to support the back-end functions—capacity building, shared infrastructure, policy research. Karnataka, for instance, was the first state to back the Indian Administrative Fellowship (IAF), a pioneering public–private partnership anchored by The/Nudge, which embeds talent within state systems to drive governance innovation. There's a new appetite for institutional resilience. No longer is it enough for an NGO to deliver services. It must be able to withstand external shocks, retain top talent, and evolve its model, all of which require flexible, long-term capital. That's what philanthropists in Bengaluru are beginning to provide. This is a great turning point that will enable non-profits to move away from survival and become a centre for innovation. But this experiment is still nascent. The road ahead Too little philanthropic capital still reaches women-led or Dalit- and Adivasi-led organisations. Rural changemakers don't always have access to the networks that open doors in urban ecosystems. And while government partnerships are growing, we haven't yet fully cracked how philanthropy can serve as an R&D engine for the state, especially at the last mile. We need to keep widening the circle. Keep investing in collective infrastructure. Keep learning from what's not working. And perhaps most importantly, keep listening. Because the success of this ecosystem won't be measured just in money moved or programs scaled. But in how resilient it becomes, how well it absorbs new voices, adapts to uncertainty, and builds trust at every level. As Bengaluru cements its place as a philanthropic hub, the next challenge is to widen the arc of giving. Karnataka is already India's secondrichest large state by per capita income, and Bengaluru holds a disproportionate share of capital, networks, and institutions. The momentum now needs to extend beyond - towards underserved states, rural geographies, and communities that remain on the margins of this progress.
Time of India
16-07-2025
- Business
- Time of India
Non-certified LED bulbs, Toys, Fans and more seized in raids at Flipkart, Meesho warehouses in Andhra Pradesh; Officials say: Raids were conducted after ...
Representative Image India's Bureau of Indian Standards (BIS) reportedly conducted extensive search and seizure operations at warehouses of e-commerce giants Flipkart and Meesho . According to a report in PTI, quoting official release, the Bureau of Indian Standards (BIS) claims to have seized a large consignment of uncertified consumer products from e-commerce platforms Flipkart, E-Kart, and Meesho. The raids were conducted in Krishna district, Andhra Pradesh. The raids are said to be part of nationwide campaign to curb the platforms "facilitating the sale and distribution of hazardous goods". Manufacture, storage, or sale of uncertified goods is punishable under law. Earlier this year, similar raids were conducted in cities including Lucknow, Gurugram, and Delhi, targeted warehouses of Amazon and Flipkart, as well as facilities of Techvision International Pvt Ltd, said to be a key supplier of these non-certified products. "The BIS Vijayawada Branch Office conducted a major raid on prominent e-commerce platforms -- Flipkart, E-Kart, and Meesho. During the operation, officials seized a large consignment comprising over 25 categories of consumer products," said Prem Sajani Patnala, Director and Head, BIS Vijayawada. He said that the raids were conducted based on actionable intelligence and digital surveillance, after it was found that several e-commerce platforms are enabling the sale of uncertified and potentially hazardous products. Patnala urged consumers to use the BIS Care app to verify certification details and report misuse of BIS marks. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 5 Books Warren Buffett Wants You to Read In 2025 Blinkist: Warren Buffett's Reading List Undo What products BIS found in raids The seized products reportedly included electronics, LED bulbs, toys, and table fans -- all in violation of Section 17 of the BIS Act, 2016. These items, lacking valid BIS certification, were reportedly being sold in violation of mandatory QCOs and relevant provisions of the BIS Act, posing serious risks to consumer health and safety. Section 17 of the BIS Act prohibits the sale, storage, or display of goods without the standard mark, while Section 29(3) provides for imprisonment of up to three years and fines up to Rs 10 lakh, or up to ten times the value of the seized goods. There are currently over 800 products under BIS Mandatory Certification, all such goods must bear standard marks -- such as ISI, CRS, Hallmark, or relevant system marks—and be sold only by licensed entities. AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Economic Times
10-07-2025
- Politics
- Economic Times
Update poll rolls, don't erase citizens
Special Intensive Revision (SIR) of electoral rolls in Bihar has become mired in controversy. Political parties, lawyers, activists and civil society groups argue that it is an attempt to disenfranchise sections of voters, thereby declaring them non-citizens. With over 10 petitions before it, the Supreme Court will determine EC's statutory competence to undertake this exercise, as well as the validity of the procedure and its poll panel is required by statute to maintain and update electoral rolls. It must ensure that the list only includes living persons above 18 years who are citizens. It cannot determine who a citizen is. However, only citizens have the right to vote. Internationally, three documents serve as proof of citizenship: birth registration and certificate, naturalisation certificate and passport. On last count, 89% of India's births are registered. However, there are variations across states, socioeconomic groups and urban/rural locations, and 7.2% of Indians have passports. Therefore, in India, the election card has become the stand-in for citizenship. Omission from the electoral roll is disenfranchisement and denial of citizenship. Yet, most of the 11 documents EC is using for SIR are identity documents issued to persons who are ordinarily residents of India, including non-citizens. Setting the Bihar polls as the deadline for SIR has given the exercise a whiff of bad faith. Ensuring robust, up-to-date, inclusive electoral rolls is essential for a democracy. It is an exercise that is complex and time-consuming, given the population and the need to follow due process before omitting people from rolls. EC should delink the exercise from the poll schedule and set out a process that is fair, thereby elevating preparation of electoral rolls above partisan politics. Elevate your knowledge and leadership skills at a cost cheaper than your daily tea. Markets need to see more than profits from Oyo Can Grasim's anti-competition charge against Asian Paints stand amid intense war Engine fuel switches or something else? One month on, still no word on what crashed AI 171 Delhivery survived the Meesho curveball. Can it keep on delivering profits? Stock Radar: Page Industries breaks out from Cup & Handle formation; stock hits fresh 52-week high For risk-takers with ability to stay invested for the long term: 5 small-caps from different sectors with upside potential of 5 to 32% Multibagger or IBC - Part 14: This auto ancillary with double-digit net margins is now getting EV-focused These mid-cap stocks with 'Strong Buy' & 'Buy' recos can rally over 25%, according to analysts
India.com
10-07-2025
- Business
- India.com
Meet Men, Once Target Of Trolls For Their Startup, Now Their Company Is Valued For Rs 320,000,000,000; Their Business Is…
photoDetails english 2929804 Updated:Jul 10, 2025, 03:47 PM IST Trolled But Not Troubled 1 / 8 Meesho wasn't always taken seriously. In fact, jokes and memes mocking its affordability flooded the internet. But instead of being discouraged, founders Vidit Aatrey and Sanjeev Barnwal turned the mockery into motivation—and built one of India's most valuable startups. (Images credit: @RohitKYT/X, @thefaadguy/X, @CA_vkchangani/X, @Investclubsv/X_ It All Started With a Failure 2 / 8 In 2015, IIT Delhi grads Vidit and Sanjeev launched a hyperlocal fashion delivery app—Fashnear. It didn't work. The duo even stood outside stores trying to attract customers. Though the idea failed, it gave them critical insights into India's retail market. Meet the Founders 3 / 8 Vidit Aatrey hails from a middle-class family in Meerut. Alongside his IIT mate Sanjeev Barnwal, they decided to try again—this time by supporting small sellers using social media. They saw potential in what others ignored. Birth of Meesho 4 / 8 The idea: empower home-based entrepreneurs, especially women, to sell products using WhatsApp and Facebook. They created a simple, commission-free platform—and Meesho was born in late 2015. Their dining table became their office. Trolled for Being 'Cheap' 5 / 8 As Meesho grew, so did online jokes calling it 'too cheap to trust.' But instead of fighting the image, they embraced it. Affordability became Meesho's USP—helping it win millions of price-conscious shoppers in smaller towns. Beating the Biggies 6 / 8 In FY2023, Meesho's user base grew by 32 per cent, ahead of Amazon's 13 per cent and Flipkart's 21 per cent. It became India's most downloaded shopping app, hitting 145 million installs, and reached customers in Tier 2 and Tier 3 cities like no one else, as per . The Meesho Model 7 / 8 Meesho allows over 1.1 million sellers to offer products in 700+ categories—without paying commission. That's how they keep prices low. In 2022, they crossed 100 million monthly orders. The business model clicked. A Unicorn Story That Inspires 8 / 8 In 2019, Facebook invested Rs 200 crore. By 2021, Meesho became a unicorn with 1 billion dollars valuation. From being the butt of jokes to becoming a top shopping platform—Meesho's journey proves that belief beats ridicule. (Images credit: @RohitKYT/X, @thefaadguy/X, @CA_vkchangani/X, @Investclubsv/X
