Saturday January 19, 2019
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Swiggy to use digital payments for delivery fleet

Founded in 2014, Swiggy aims to "change the way India eats" and is currently operational in cities like New Delhi, Gurugram, Mumbai, Pune, Kolkata, Bengaluru, Hyderabad and Chennai among a few others

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Another step towards digitizing India
Encouraging Digital Transactions by exempting service tax on Cards (Wikimedia commons)
  • Swiggy is an online food ordering platform
  • It will now allow digital payments for delivery feet
  • this method will prevent any leakage in cash payment process

Online food ordering and delivery platform Swiggy on Monday said it would use privately-run ICICI Bank to allow its delivery fleet to make digital payments.

“Through the use of Unified Payment Interface (UPI)-based solution for instant fund transfers and automated cash deposit machines at ICICI Bank branches and ATMs across the country, the delivery fleet will have a hassle-free way of transferring funds,” the company said in a statement. Swiggy operates with a fleet of over 20,000 delivery persons delivering food from over 25,000 restaurants across 12 cities.

These digital payments will prevent leakage in cash payments. Wikimedia Commons

With cash-on-delivery being a widely used method of payment on the platform, the digital payment methods allow the delivery men to quickly transfer the funds to Swiggy, saving their time, according to the statement.

“With the delivery fleet being the backbone of Swiggy, the adoption of the digital payment solutions will support the ease of operations and save their time and thousands of kilometres of travel,” said the company’s Chief Financial Officer (CFO) Rahul Bothra in the statement. The digital payment methods will also help in preventing any cash leakages, the company said.

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Founded in 2014, Swiggy aims to “change the way India eats” and is currently operational in cities like New Delhi, Gurugram, Mumbai, Pune, Kolkata, Bengaluru, Hyderabad and Chennai among a few others. IANS

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PM Narendra Modi to Unveil National Film Museum in Mumbai

The complex includes a multipurpose hall for movie previews, social events, conferences or seminars and cultural gatherings, besides incorporating several features to make it green and eco-friendly

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India, elections
PM to unveil national film museum in Mumbai. Wikimedia Commons

Prime Minister Narendra Modi will on Saturday inaugurate the National Museum of Indian Cinema (NMIC) that has come up in a 19th century heritage bungalow and a modern building in the country’s film capital, an official said here on Thursday.

A galaxy of dignitaries like Amitabh Bachchan, Akshay Kumar, Salman Khan, A.R. Rahman, David Dhawan, Rohit Shetty, Waheeda Rehman, Jeetendra Kapoor, Asha Parekh, Raveena Tandon, Pankaj Kapoor, Rakesh Mehra and others are expected to attend the opening ceremonies.

The NMIC will provide a glimpse into the Indian film history and help film students, film-makers, fans and critics to learn and understand cinema as a medium of artistic expression in the country and globally.

The museum has on display artefacts like vintage cameras, projectors, editing and recording equipment, costumes, photographs and other materials portraying the journey of Indian cinema since its dawn in 1913 with the first full-length feature film, “Raja Harishchandra” made by the legendary Dhundiraj Govind Phadke, known as Dadasaheb Phalke.

There are also film sets, props, film tapes, sound tracks, trailers, transparencies and a rich collection of film-related literature and memorabilia depicting Indian film history in a chronological order.

Designed by the National Council of Science Museums, it was first envisaged in 1997, and set up in the 19th century heritage bungalow Gulshan Mahal and in another adjacent modern five-storeyed building, spread across 12,000 sq. metres.

India
Indian Prime Minister Narendra Modi.

The museum comprises more than three dozen interactive galleries devoted to cinema and its journey from the silent era to talkies, black-and-white to colour, from the film rolls era to digital technology and a children’s activity gallery.

The NMIC project was undertaken by the state-owned Navratna public sector undertaking, NBCC (India) Ltd, and promises to be a delightful treat for historians, tourists and film buffs from all over the world thronging the country’s film headquarters.

NBCC Chairman-cum-Managing Director Anoop Kumar Mittal said the entire NMIC complex is a potential ‘film hub’ narrating the rich history of Indian cinema in the heart of south Mumbai.

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The unique design features include a unique front elevation designed with inclined structural glazing support by cable nets with spiders and a glass facade to provide a 3D view impression to the structure, said Mittal.

The complex includes a multipurpose hall for movie previews, social events, conferences or seminars and cultural gatherings, besides incorporating several features to make it green and eco-friendly. (IANS)