In the ever-evolving landscape of financial technology, protecting intellectual property is crucial to maintaining a competitive edge. We are thrilled to announce that Bluestock is now a registered trademark in India under Class 36. This achievement marks a significant step in our journey as a product-based startup in Pune, Maharashtra, operating under Bluestock Fintech. Why Trademark Matters A trademark is more than just a symbol or a name; it represents the identity and integrity of a brand. Registering Bluestock as a trademark under Class 36, which includes services related to financial affairs, monetary affairs, and banking, provides us with exclusive rights to use the Bluestock name and logo in connection with our offerings. This legal protection ensures that our brand remains distinct in the market, shielding us from potential infringements and misuse by competitors. Bluestock Mobile App: Empowering Users with Stock Market Analytics Bluestock Fintech’s flagship product, the Bluestock Mobile App, has been a game-changer in the world of stock market analytics. Designed to provide users with comprehensive, real-time insights into financial markets, the app leverages cutting-edge technology to offer features like advanced charting, predictive analysis, and personalized recommendations. With the Bluestock trademark now officially registered, our users can have even greater confidence in the authenticity and reliability of the services we provide. Expanding Our Horizons: Financial Market APIs and IT Solutions Beyond our mobile app, Bluestock Fintech offers a range of financial market APIs, software solutions, and IT services tailored to meet the needs of businesses and developers in the financial sector. These offerings empower clients to integrate robust financial data into their platforms, enabling them to build, innovate, and grow with ease. Our registered trademark not only protects our brand but also reinforces our dedication to quality and innovation. It assures our partners, clients, and users that Bluestock stands for excellence in every aspect of our operations. The Road Ahead As we continue to innovate and expand our portfolio, the registration of the Bluestock trademark under Class 36 serves as a foundation for future growth. It allows us to protect our brand identity as we explore new markets, develop new products, and solidify our position as a leader in financial technology.

BluSmart, a startup in electric mobility based in Delhi NCR, has achieved an impressive milestone by reaching an annual run rate (ARR) of INR 500 crore ($60 million) in FY24, marking a remarkable growth of 102% compared to the previous year. Over the past three years, BluSmart has experienced extraordinary growth in its gross business value (GBV), boasting a staggering Compound Annual Growth Rate (CAGR) of 300%. This growth is credited to BluSmart's exceptional customer service, evidenced by its 4.9/5 star rating. Their pioneering initiatives such as zero cancellations, punctual arrivals, and eco-friendly cabs have resonated well with customers. Anmol Singh Jaggi, one of BluSmart's co-founders, expressed optimism about the surge in demand for sustainable mobility solutions, emphasizing their commitment to expanding the electric vehicle fleet and charging infrastructure to meet the escalating needs of their expanding customer base. This significant achievement follows BluSmart's recent announcement of plans to secure $25 million (approximately INR 208 crore) in funding from responsAbility Investments AG, a Switzerland-based impact investor, in a mezzanine structure. Founded in 2019 by Jaggi and Punit K Goyal, BluSmart operates EV ride-hailing services and charging infrastructure across Delhi NCR, Bengaluru, and other major Indian cities. Since its inception, BluSmart has steadily grown its fleet and aims to achieve a fleet size of 10,000 EVs by the end of 2024. The company boasts the largest EV fleet in South Asia, with over 7,300 vehicles covering approximately 460 million clean kilometers, resulting in a saving of 34 million kilograms of CO2 emissions. Competing against players like Lithium, eee-Taxi, Snap-E Cabs, Ola, and Uber, BluSmart has garnered investment from notable firms including Alteria Capital, BlackSoil, Stride Ventures, Mumbai Angels, BP Ventures, and LetsVenture. Despite robust business growth, BluSmart faced a widening consolidated net loss in FY22, increasing by 66% year-on-year to INR 65.5 crore, primarily due to rising expenses. Indian EV startups are gaining momentum among investors by offering various services such as sustainable mobility, energy infrastructure, commercial mobility, and battery management systems, contributing to a reduction in carbon emissions and providing cost-effective alternatives to fossil fuels.

Shadowfax has opened a new distribution center in Port Blair as part of its goal to expand its logistics reach to all pin codes in India by 2025. According to Abhishek Bansal, the CEO and co-founder of Shadowfax, opening the new distribution center in Port Blair is a major achievement for the company. "Port Blair is not merely the gateway to the Andaman Islands, but also a critical node in augmenting our distribution network's reach and efficiency. Its unique geographic positioning allows.

Vista Voyage got featured in Travel startup journey in CEOVINE.A platform for leading business startups and entrepreneurs in India.

Mukund Barsagade, formerly the chief financial officer at Paytm Payments Bank Limited (PPBL), has transitioned to fintech firm Lendingkart as the group CFO. In his new role, Barsagade will oversee finance, capital markets, legal, and secretarial functions, contributing significantly to the company's growth trajectory. Having joined PPBL in September 2022, Barsagade brought extensive experience in financial management to the table. Prior to his tenure at PPBL, he served as CFO at Utkarsh Small Finance Bank and Fino Payments Bank, and held leadership positions at notable organizations such as GE Capital, Experian, and Transamerica. Expressing his enthusiasm for the new opportunity, Barsagade highlighted the dynamic landscape of lending technology for MSMEs and emphasized his commitment to simplifying financial processes for businesses nationwide. Harshvardhan Lunia, founder and CEO of Lendingkart Group, underscored Barsagade's pivotal role in elevating the company's performance, emphasizing his determination to drive progress within the organization. Established in 2014 and headquartered in Ahmedabad, Lendingkart specializes in providing working capital loans to MSMEs through co-lending partnerships with banks and NBFCs such as Aditya Birla Finance, Mahindra & Mahindra Financial Services Limited, PNB, and IDFC First, in addition to its in-house non-banking finance company.

Harshvardhan Lunia, 42, has seen small businesses and their struggles from early in his life. A chartered accountant by training who comes from a business family, he saw the dearth of institutional financial support for such enterprises early in his career. This led to him founding fintech start-up Lendingkart along with his schoolmate Mukul Sachan, in 2014. Their aim: to revolutionise access to finance for micro, small and medium enterprises (MSMEs) through innovative tech solutions and cash flow-based lending.Business has been good over the past decade and while Sachan left the Ahmedabad-based firm in 2019, Lendingkart has grown from strength to strength. Under Lunia’s watch, it posted its highest-ever profit after tax (PAT) and total income in FY23. No wonder that it has emerged as the Best Fintech in Lending in the BT-KPMG Best Banks and NBFCs Survey 2022-23. Lunia recalls that initially, it focussed on direct lending. But, over time, it recognised the limitation of this approach in addressing the vast credit gap for MSMEs. “This realisation led to a strategic shift towards co-lending partnerships with banks and NBFCs to leverage their resources and expertise. Today, more than 80% of our business is through co-lending,” says the Co-founder and CEO of Lendingkart, which operates as a Reserve Bank of India-registered NBFC. The fintech has names such as Punjab National Bank, Canara Bank, Bank of Maharashtra, IDFC First Bank, Aditya Birla Capital, and U Gro Capital among its co-lending partners. Incidentally, in its latest report, RBI’s expert committee on MSMEs said the sector has an estimated credit gap of Rs 20-25 lakh crore.

Bengaluru-based Cropin Technology on Wednesday announced that it singed a Memorandum of Understanding with Amazon Web Services India to build solutions to address global hunger and food insecurity. The company says this will help it develop core data architecture, analytics, modelling and simulation components to aggregate global farmland data and climate intelligence into its solution. This is aimed at providing information to governments, development agencies and agriculture businesses. “We can analyse and identify changes in cultivation patterns at a country scale, spanning from sowing to harvesting. This includes examining weather parameters, moisture availability, and disease outbreaks at scale to understand their impact on crop health and yield. These insights are crucial for policymakers, enabling them to make informed decisions to combat hunger and ensure food security,” said Krishna Kumar, co-founder and CEO of Cropin, in a press statement.