ABHISHEK BANSAL
New-age logistics companies see rapid delivery as key revenue driver
Delhivery and Shadowfax, two of India’s largest third-party logistics companies, are expanding their same-day and next-day delivery services, betting that merchants will pay more for faster deliveries as competition for customers intensifies.
Rising tech costs drive EMI sales; Shadowfax Q2 profit soars
Happy Friday! Shoppers are turning to EMIs as electronics prices rise. This and more in today’s ETtech Morning Dispatch.
Shadowfax revenue rises 57% in Q2, net profit jumps fivefold
Its total revenue, including other income, rose 58% YoY to Rs 1,558 crore in Q2 FY27. The Bengaluru-based company’s total expenses rose 53% YoY to Rs 1,490 core, driven by other expenses, employee benefits expenses and depreciation and amortisation costs.
No health insurance but a personal medical fund: How good is this idea?
As medical treatment costs soar, should you rely solely on health insurance or build your own personal medical fund? This article explores the benefits and drawbacks of each approach, emphasising the importance of starting early and considering a combined strategy. Learn how to manage healthcare costs effectively and protect your financial future.
AI can decode your insurance policy, but can it predict your claim? Know the limits
Navigating health and life insurance policies can be daunting due to complex jargon and lengthy documents. AI can simplify understanding by highlighting key terms and clauses, making it easier to identify coverage and exclusions. However, reliance on AI has its limits; understanding the nuances of individual claims still requires personal context and human interaction.
Actis launches fourth India renewable platform Leo Energies, targets 3 GW-plus portfolio
Actis has launched Leo Energies as its fourth renewable energy platform, targeting over 3 GW of capacity. The company plans to acquire about 650 MWp of solar capacity, with projects in various states. Additionally, projects acquired include solar generation and battery storage from TrueRE Oriana Power. India’s renewable energy capacity is projected to reach 500 GW by 2030, indicating strong future growth.
- Go To Page 1
Missed declaring parents’ pre-existing conditions? Know if you should disclose them now or switch policies
Not disclosing your parents' medical conditions when buying health insurance can have serious repercussions, especially at the time of a claim. Discover why complete transparency is crucial and learn the recommended steps if you've missed important disclosures on the proposal form to safeguard your policy and maintain coverage.
Lower premium with higher health insurance coverage: Co-pay vs. deductible, which can save you more
Navigating health insurance premiums can be tricky. Understand the crucial differences between deductibles and co-pays. While both share costs, one is fixed, the other a percentage. Discover which could cost you more and how to make the best choice for your financial well-being when medical needs arise.
Crypto's shopping hack; Centre eyes Meta child safeguards
Indians are buying groceries, fuel, food and gold via gift cards on overseas crypto platforms. This and more in today's ETtech Top 5.
Iztri raises Rs 10 crore funding from All In Capital, Suashish Group, others
Iztri, an innovative on-demand fabric care startup, has successfully raised ten crore rupees to expand its operations. This capital will support the growth of their services, focusing on shoe repairs and dry cleaning. The company intends to strengthen its hub network and improve infrastructure while targeting a significant increase in its customer base over the next six months, with plans to expand into southern India and major metropolitan regions.
Should homemakers buy a term plan? Here’s why their unpaid work has real financial value
The contributions of homemakers to household management have substantial economic significance that is now being acknowledged by life insurance policies. By considering family finances and the income of a spouse, insurers are able to offer tailored coverage for homemakers. Notably, the premiums for these term plans rival those for income-earning individuals, highlighting the importance of thoroughly understanding the specifics of life cover, whether individual or joint.
Should young professionals buy health insurance beyond their employer cover?
Employer health insurance offers peace of mind, but what happens when you change jobs? This article explores the benefits of securing your own health cover in your 20s, even with existing employer protection. Discover how buying early can lead to lower premiums, faster waiting period completion, and long-term financial advantages, ensuring your health security.
ET Startup Awards 2026 | Comeback Kid: Mukund Jha returns stronger with AI bet
Emergent cofounder Mukund Jha has won the Comeback Kid award at the ET Startup Awards 2026, marking a return after the collapse of Dunzo. The jury recognised his second act with AI startup Emergent, which recently raised $230 million at a $1.5 billion valuation and built more than 12 million applications through its AI-powered platform.
ETSA 2026: Elite jury meets today to crown startup ecosystem's best
A distinguished jury led by Wipro’s Rishad Premji will select winners for the 12th edition of The Economic Times Startup Awards. The awards recognise entrepreneurial excellence across categories including innovation, women-led ventures and social enterprise. The coveted Startup of the Year nominees include Porter, Skyroot Aerospace, Rapido, Meesho, Groww and Sarvam.
Shadowfax Q4 Results: Co reports Rs 56 crore profit, revenue up 74%
Revenue for the quarter under review grew nearly 73.73 per cent year-on-year (YoY) to Rs 1,237 crore from Rs 712 crore a year ago, Shadowfax said in a regulatory filing.
Shadowfax lists at 9% discount, still delivers up to 10x gains for early investors
Shadowfax made a muted stock market debut on Wednesday, with its shares listing at a 9% discount to the issue price. Cofounders Abhishek Bansal and Vaibhav Khandelwal, tagged as promoters, hold stakes of 9.28% and 7.22%, respectively, after the public issue. At current prices, their holdings are valued at around Rs 613 crore and Rs 477 crore.
Pacific Group to develop 15 lakh sq ft mall, 130-key hotel in Jaipur to expand biz
Pacific Group is set to develop a 15 lakh sq ft shopping mall and a 130-room hotel in Jaipur, Rajasthan, aiming to capitalize on the rising demand for premium retail spaces in tier-II cities. Managing Director Abhishek Bansal stated that the mall is expected to be operational by the end of 2026, with the hotel opening in 2027.
Sachin Bansal assumes chairman role at Navi, appoints new CEOs
In his new role, Bansal will focus on exploring growth opportunities for Navi, driving mergers and acquisitions, and enhancing the company’s compliance and risk management frameworks. "As the company grows, so do the demands from a compliance and regulatory perspective," Bansal explained.
We aim to reach every pin code in India by March 2025: Abhishek Bansal, Shadowfax
The Indian logistics sector is on a growth trajectory, driven by burgeoning ecommerce market and technology driven transformation. Shadowfax wants to capitalise on that.
Shadowfax unveils center in Surat with 10 lakh orders per day processing capacity
The facility unveiled by Logistics and delivery solutions firm Shadowfax ahead of Diwali and the festive rush is set to employ more than 1000 skilled personnel.
Abans Holdings IPO to kick off on Dec 12
Proceeds from the fresh issue will be utilised towards investment in its NBFC subsidiary, Abans Finance, for financing the augmentation of its capital base to meet future capital requirements and for general corporate purposes.
Abans Holdings files IPO papers with Sebi
The initial share-sale comprises fresh issuance of equity shares of up to 38 lakh and an offer for sale of up to 90 lakh equity shares by promoter Abhishek Bansal, according to the draft red herring prospectus (DRHP).
Retailers warn malls over relief
“These are two separate issues: one is rent relief and other is cartelisation,” said Abhishek Bansal, ED of Pacific Malls that operate shopping centres in west Delhi.
School management software app ‘myly’ acquired by US-based investor
Myly is a subscription-based product used by schools and parents for everything from fee payments, to communication, to schoolbus-tracking. The company was founded by Bansal and Gaurav Mundra.
No meals, mails, only movies and meditation for Abans Group boss mid-air
Abhishek Bansal likes to meditate and sleep on night flights.
On-demand logistics firm Shadowfax bags $22 million in Series C
Shadowfax’s platform currently has 7,000-8,000 daily delivery executives and Bansal hopes to increase it by 4-5 times in the next 2-3 years.
Abhishek Bansal seeks comfort in Harivansh Rai Bachchan's poetry
Taking a leaf out of Bachchan’s book, the ABans Group chairman has tried his hand at poetry.
We delivered better margins this year compared to last year: Abhishek Bansal,Just Dial
"We have recently launched certain bundled products specially targeted at SMEs"
Just Dial Q1FY18 profit slips, announces buyback of shares worth Rs 84 crores
Operating revenues however grew 7.8% to Rs 190 crores from Rs 176 crores last year aided by the release of the long-delayed advertising campaign two quarters ago.
Load More
