e-commerce
Truecaller introduces number scanning for fast-track payments
MUMBAI: Building upon its core proposition of being a complete communication platform, Truecaller will be rolling out two new features – Number Scanner and Fast Track numbers with its upcoming Android release 8.45 in the coming week.
Number Scanner – Now you will be able to use the Truecaller app to scan a number directly from business cards, websites, street signs, shop fronts or anywhere you need to quickly lookup a number or store it to your contacts. This will enable users to have the proper resources to receive relevant information quickly, digitally and in their surrounding physical environment.
Scan & Pay – Users in India will also be able to scan a number and pay directly using Truecaller Pay – this is a more convenient way of making quick payments as opposed to scanning QR codes. You could be out for lunch with a friend, in a store, or even looking to pay bills – this will be beneficial to our users who are always on the go and lessens the need to carry cash or cards.
One can now send or request money, recharge, or even Flash Message any contact from your native phone book.
Truecaller has also launched Fast Track numbers, a service which integrates toll-free numbers for emergency services like police, fire, medical care, women’s helpline, roadside assistance, as well as essential categories like banks, couriers, airlines, railways, and insurance, all integrated directly into the app, accessible by the user without an internet connection. These also include extremely useful ‘Bank Balance Check’ numbers that enable a user to check their bank balance via a return SMS from their respective bank via a missed call service. Located in the search bar, the in-built contacts will help users make phone calls at critical moments with a single tap.
Currently, Fast Track numbers will only be available in India.
Truecaller director of product and engineering Narayan Babu said: “As a product made by the community and for the community, our commitment to our users is to constantly add features that enable them to stay ahead of the curve. These new features make Truecaller even more relevant in the real world. When you see an important phone number, you can directly pull it into your phone with Truecaller and use it, in seconds, to connect or make a payment. Also, during critical moments you can reach out to the right company, person or service with a single tap with Fast track numbers.”
e-commerce
Flipkart cuts around 300 jobs in annual performance review
E-commerce giant trims ~1.5 per cent of workforce as IPO preparations continue.
MUMBAI: Flipkart just gave performance the pink slip because when the annual review bell rings, even the biggest cart sometimes needs to lighten its load. Flipkart has let go of approximately 300 employees as part of its annual performance management cycle, Moneycontrol reported on 7 March 2026, citing people familiar with the matter. The exits represent roughly 1.5 per cent of the company’s total workforce of around 20,000 people across its businesses.
The move follows Flipkart’s standard practice of asking employees placed in lower performance bands to leave during yearly reviews, a process the company has carried out periodically in recent years. A similar exercise in early 2024 saw around 1,000 employees (nearly 5 per cent of the workforce) exit.
The latest round comes amid Flipkart’s continued push for operational efficiency and cost discipline, mirroring broader trends across the Indian startup ecosystem where funding slowdowns have shifted focus toward profitability.
The development also arrives as Flipkart advances preparations for a potential domestic IPO. The company has held early discussions with investment banks including Goldman Sachs, Morgan Stanley, JP Morgan and Kotak Mahindra Capital to explore feasibility. Industry sources indicate a possible listing timeline of late 2026 or early 2027, though the final size and schedule remain undecided.
In December 2025, Flipkart received National Company Law Tribunal approval to shift its holding company domicile from Singapore back to India. a key regulatory step that simplifies the group structure ahead of a public market debut.
Controlled by Walmart, Flipkart remains one of India’s largest e-commerce platforms, locked in fierce competition with Amazon. In a market where every rupee counts and every headcount is scrutinised, the latest cuts aren’t just housekeeping, they’re part of a bigger balancing act between growth ambitions and the road to listing.
