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fonePaisa wins ‘e-payment award’ at PICUP-FICCI-Nasscom event
MUMBAI: fonePaisa, a payments solutions, a universal payments company, was recognised as the best fintech company in the ‘e-payments category’ at the recently held PICUP Fintech Awards 2017’ for their Unified Payment and Reconciliation platform. The ‘PICUP Fintech 2017 awards were held in association with FICCI and Nasscom and aimed at recognising the best innovations from Fintech companies in diverse areas. Fintech companies were given the opportunity to showcase their innovative products and solutions to an eminent jury comprising of senior representatives from the banking fraternity, corporates and leading technology companies.
The event was graced by FICCI senior VP and Edelweiss chairman and CEO Rashesh Shah, IBA chairman and Central Bank of India CMD Rajeev Rishi, BCG senior partner and MD Nicolas Harle, Reserve Bank of India deputy governor R Gandhi and NASSCOM president R Chandrasekhar.
fonePaisa offers an omni-channel payment platform that can work on any technology and form factor, for consumers and businesses and can process payments using any mode including cards, wallets, bank accounts, UPI and virtual accounts as well.
fonePaisa founder – CEO Ritesh Agarwal said, “fonePaisa aims at making payments easier, faster and safer. Being recognised as a winner in payments category is proof that fonePaisa is striving to revolutionise the way businesses and individuals send or receive payments.”
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Ekart expands IKEA partnership with EV deliveries in Chennai
3PL to handle 600 plus products with 48 hour delivery via EV fleet.
MUMBAI: Flatpacks are going electric and your sofa might now arrive with a smaller carbon footprint. Ekart has expanded its partnership with IKEA to power last-mile deliveries in Chennai, doubling down on speed, scale and sustainability in one of India’s key urban markets. Under the collaboration, Ekart will manage end-to-end large-format deliveries for IKEA across the city using a 100 per cent dedicated electric vehicle fleet. The move makes Chennai the second major market after NCR-Delhi where Ekart handles IKEA’s last-mile logistics, signalling a broader rollout of EV-led supply chains.
The mandate is no small load. Ekart will oversee deliveries for over 600 products from IKEA’s catalogue, ranging from furniture to home décor—categories that demand specialised handling and precision logistics.
Backed by its technology-driven fulfilment network, Ekart is targeting deliveries within a 48-hour window, offering real-time tracking and end-to-end visibility from warehouse to doorstep. The focus is clear: faster turnarounds without compromising on control or customer experience.
The EV-first model also aligns with both companies’ sustainability goals, as urban logistics increasingly shifts towards zero-emission solutions. For IKEA, which continues to expand its omnichannel presence in India, reliable and eco-conscious last-mile delivery is becoming central to scale.
For Ekart, the partnership reinforces its positioning as an enterprise-grade logistics player in large-format commerce. The company already supports over 1,800 retail, D2C and enterprise brands, spanning last-mile delivery, part-truckload services and warehousing.
As India’s logistics ecosystem evolves, this collaboration highlights a growing trend: delivery is no longer just about distance, it’s about efficiency, experience and increasingly, emissions.
