inDrive turns to ads and groceries to diversify revenue

inDrive turns to ads and groceries to diversify revenue

Known for its bidding-based approach to fares, inDrive is deepening its push beyond ride-hailing by rolling out advertising across its top 20 markets and expanding grocery delivery to Pakistan, executing on a “super app” strategy outlined last year to build new revenue streams and boost engagement while sustaining growth in price-sensitive markets. The latest move…

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Even as global crop prices fall, India’s Arya.ag is attracting investors — and staying profitable

Even as global crop prices fall, India’s Arya.ag is attracting investors — and staying profitable

Arya.ag, an Indian agritech company offering storage facilities near farms and offering lending services to hundreds of thousands of farmers, has drawn investor interest and remained profitable even as global crop prices continue to fall in a volatile commodities market. The investor interest has taken shape in the latest all-equity Series D round from GEF…

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New York state law takes aim at personalized pricing

New York state law takes aim at personalized pricing

New York’s latest state budget includes new disclosure requirements for businesses that use personal data to set different prices for different shoppers — for example, charging you more if you have a history of splurging. Businesses that use personalized pricing are now required to tell customers, “This price was set by an algorithm using your…

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