Category Archives: Business

Colliers Secures Full Ownership of India Business to Accelerate Growth and Market Leadership

Gurgaon, Dec 09: Colliers, a leading diversified professional services and investment management company, today announced that it has acquired 100% ownership of its business in India. This strategic milestone underscores Colliers’ confidence in the Indian market and its commitment to driving accelerated growth in one of the world’s most dynamic and fast paced real estate landscapes.

India is a key growth engine for Colliers globally, and this move positions the firm to deepen client relationships, invest in talent and technology, and build market-leading capabilities across all service lines. With new leadership in place, Colliers India is entering a transformative chapter aligned with the company’s vision, focused on innovation, sustainability, and delivering exceptional outcomes for clients.

“The Colliers India business is recognized and strongly supported by the firm’s global platform for its ambitious vision and strategic importance,” said Badal Yagnik, Chief Executive Officer & Managing Director, Colliers India. “Our ambition for Colliers India is bold, we are investing in our people, platforms, and capabilities to set new benchmarks for excellence. Our focus is on delivering innovative solutions, strengthening client partnerships, and creating long-term value for all stakeholders.”

Looking ahead, Colliers aims to unlock new opportunities by combining global expertise with deep local insights, driving sustainable growth, and reinforcing its position as the most trusted advisor in India’s real estate sector.

McCann crafts AU Small Finance Bank’s new Brand Campaign, featuring Ranbir Kapoor & Rashmika Mandanna

Hyderabad, Dec  08 : AU Small Finance Bank (AU SFB), India’s largest Small Finance Bank and the first to receive in-principle approval from the Reserve Bank of India to transition into a Universal Bank, has unveiled its new brand campaign carrying forward the brand’s core theme of “Soch Badlo, aur Bank Bhi” (Change Your Thinking, Change Your Bank). Featuring Bollywood actors Ranbir Kapoor and Rashmika Mandanna, the campaign marks a creative departure from its predecessor, with McCann delivering a fresh, entertainment-forward interpretation of the core messaging that repositions AU SFB’s brand promise for a broader audience.

The campaign relies on humour, everyday conversations, and relatable character moments to drive its central premise: encouraging viewers to critically examine whether their current bank truly meets their financial needs. Rather than hard-selling AU SFB’s services, Ranbir and Rashmika function as subtle catalysts within these narratives, gently prompting audiences to consider more rewarding banking choices. By grounding the message in authentic, recognizable scenarios, the campaign invites consumers to rethink their banking relationships and explore what AU SFB offers as an alternative.

The communication highlights AU’s strengthened product propositions across consumer and business segments. On the consumer side, the bank offers higher interest rates with monthly payouts on AU Savings Accounts, alongside lifestyle benefits and merchant offers on AU Debit Cards. For businesses, AU’s comprehensive Current Account suite integrates lending, payment collections, merchant solutions, and Trade & Forex services – all designed to consolidate banking operations in one platform.

Central to this offering are the AU 0101 App and AU 0101 Business App, which bring branch-equivalent service to mobile devices. Both platforms deliver seamless digital banking, real-time account visibility, integrated money management, quick payments, collections and service requests, positioning AU’s digital infrastructure as a key differentiator in a market increasingly demanding convenience without compromise.

Speaking about the campaign, Sanjay Agarwal, Founder, MD & CEO, AU Small Finance Bank, said,

“This campaign, based on core thought of ‘Soch Badlo, aur Bank Bhi’, inspires customers to reflect on their banking choices, as we bring the message in a more contemporary, relatable, and entertaining way. Ranbir and Rashmika help us convey this with honesty and charm, while our product strengths in Savings and Current Accounts provide strong reasons to make the switch. This campaign reinforces our commitment to offering customers a smarter, more intuitive banking experience as we prepare for our transition into a Universal Bank.”

Sharing his perspective, Prasoon Joshi, Chief Creative Officer & CEO of McCann Worldgroup India said,

“It’s about exploring the consumer’s evolving mindset through a lens of warmth and relatability. The team wanted to move away from being transactional and find the humour in everyday human truths. The films are rooted in the texture of daily life. The brand team through this campaign created an invitation for people to pause and rethink their banking relationship, but with a smile.”

The films have been directed by Hemant Bhandari and produced by Chrome pictures. The campaign will run across television, digital platforms, social media, and print, strengthening AU’s reach across customer segments. With this renewed creative push, AU reinforces its ambition to be the preferred banking partner for individuals and businesses across India.

TechnoStruct Academy Projects 81% Growth, $16M Valuation by FY26

New Delhi, December 8:- TechnoStruct Academy  the global Building Information Modeling (BIM) and Virtual Design & Construction (VDC) education leader with roots in India, today announced a transformational expansion aimed at solidifying its position as the worldwide standard for future-ready professionals in the Architectural, Engineering and Construction (AEC) industry. Backed by California-headquartered TechnoStruct LLC, TSA is projecting approximately 81% year-on-year revenue growthscaling from INR 72 million to INR 130 million in the current fiscal year while maintaining a robust USD 16 million valuation.

The expansion is anchored by three strategic pillars: the launch of the BuildingSMART-Certified Leadership Program, deepened partnerships with premier global and Indian engineering institutions, and accelerated market penetration across India’s construction technology boom. Together, these initiatives position TSA uniquely as an Indian brand that has successfully scaled globally, now serving learners across 29 countries with operational centres in San Francisco, Redwood City, Irvine, Dallas, Mexico, Germany and India (Gurugram and Pune).

“This isn’t just about growing a number it’s about demonstrating that world-class AEC education can originate from India and compete globally,”

said Mr. Roy Aniruddha, Founder and Chairman, TechnoStruct Academy. “By partnering with institutions like Michigan State University’s School of Construction Management, which ranks among the top 10 globally in its field, we’re setting a new benchmark. Our approach is different: we combine software-agnostic, project-driven BIM training with real billable project exposurethe same model that our parent company, TechnoStruct LLC, uses on projects like Google Bay View Campus and Apple headquarters. For learners across our 29-country footprint, this means acquiring skills that directly translate into global employability. It also sends a signal to Indian talent that you don’t need to leave India to access world-class digital construction education.”

The global infrastructure, the Indian heart; 

TSA operates at the intersection of India’s rapidly growing AEC market and global construction standards. Government initiatives such as the Smart Cities Mission and Gati Shakti have created unprecedented demand for digitally skilled professionals, while international clients increasingly expect ISO 19650 compliance and openBIM maturity across project teams. TSA’s expansion strategy directly addresses this dual opportunity: building deeper roots in India’s engineering ecosystem while leveraging its international presence to deliver globally-benchmarked curriculum.

The company’s program portfolio now spans specialized certifications in BIM for Infrastructure, Digital Construction Project Management, Data Science in Construction and advanced 4D/5D planning tools such as Bexel Manager all designed around live, billable project work rather than simulation or academic exercises.

BuildingSMART-Certified Leadership Program;

At the centre of this expansion is the Leadership Program, a global initiative for BIM and VDC professionals aspiring to lead complex, multi-stakeholder projects. The program is built around openBIM methodologies and ISO 19650 standards, which have become essential for large-scale government contracts and international delivery. Participants work alongside active practitioners from TechnoStruct LLC, ensuring that leadership lessons are grounded in real project challenges rather than theory.

Serving three distinct cohorts;

TSA tailors its offerings to three audiences: engineering students seeking job-readiness and live project exposure; working professionals upskilling through the BIM-Ready+ International Post-Graduation program; and corporate leaders needing to standardise BIM practices across global portfolios. This segmented approach has enabled TSA to build deep relationships within each cohort, resulting in strong placement outcomes and corporate partnerships across the world.

Practitioner-led, standards-aligned; 

TSA’s courses are led by active BIM architects, engineers and project managers from TechnoStruct LLC who bring direct experience from landmark global projects. This ensures that every course remains current, industry-relevant and directly applicable to today’s AEC challenges. Collaborations with buildingSMART International and Autodesk further guarantee curriculum alignment with global best practices and emerging standards.

Scaling an Indian advantage; 

With 81% projected growth, a USD 16 million valuation and a learner base spanning 29 countries, TechnoStruct Academy is demonstrating that India can be a source of globally competitive digital construction talent. The expansion reinforces TSA’s vision: to build a sustainable, innovation-driven institution that shapes the future of digital engineering leadership on a worldwide stage.

Bajaj Finance Ltd’s Financial Literacy Initiative Sparks Empowerment in Andhra’s Tribal Areas

Araku, Andhra Pradesh, Dec 08: Bajaj Finance Ltd., India’s largest Non-Banking Financial Company (NBFC) in the private sector and a part of Bajaj Finserv, today organized its financial literacy programme titled ‘Arthsutra Samvad’ in the interior region of Gondivalasa village under Chinalabudu Panchayat in Araku Valley mandal. A similar awareness programme was conducted on December 6 in Minimuluru village of Paderu mandal in the same district. This pan-India initiative aims to promote financial inclusion across villages and underbanked locations in India’s hinterland.

‘Arthsutra Samvad’ is being implemented under the RBI’s initiative for augmenting financial literacy and awareness. It aims to create awareness about financial discipline, online fraud, and good practices in money management.

Dignitaries, including Shri Panchadi Govind, Deputy Tehsildar of Araku Mandal; Shri B. Upender, Sarpanch of Chinalabudu Panchayat; and Shri Rayavarapu Venkatarao, representative of the Naandi Foundation, graced the event. The programme was held at Gondivalasa village and witnessed participation from approximately 75 members, predominantly belonging to the vulnerable tribal communities.

Bajaj Finance’s ‘Arthsutra Samvad’ is a comprehensive programme to foster financial awareness and empowerment at the grassroots level across India’s hinterlands. At its core, the initiative aims to simplify personal finance for individuals, helping them make informed choices with confidence and clarity.

Addressing the gathering, Deputy Tehsildar Panchadi Govind said,

“There have been many cases where villagers go to withdraw money only to discover that their hard‑earned savings have already been taken without their knowledge. Do not fall into such traps. Awareness is a powerful tool it can prevent exploitation and empower communities. At the same time, cultivating habits of saving and budgeting will help secure a better future for our families.

Highlighting that awareness is the strongest safeguard, the Sarpanch of the panchayat remarked:

“The lack of education often emboldens fraudsters. There have been several cases where people misuse thumb impressions to withdraw money without consent. Everyone must remain vigilant, especially when using ATM cards to access their funds.”He further urged the community: “Speak openly with your relatives, parents, and children. Awareness is our strength it empowers us and weakens the fraudsters.”

Rayavarapu Venkatarao, representative of the Naandi Foundation, cautioned participants with a simple rule:

“If an offer of easy money seems too tempting, it is most likely a fraud. Do not allow others to use your bank account, even if they promise you money in return. Such practices can put you at serious risk. In this region, many people have suffered losses by clicking on links containing .apk files. Remember, money never comes free—if it looks too luring, you should recognize it as a fraud.”

As part of the campaign’s multi-faceted approach, Arthsutra Samvad also places strong emphasis on financial fraud awareness. Everyone should remember the helpline number 1930, and in case of any cyber fraud, they should report it immediately. The audience has been guided on the careful and responsible use of mobile phones. Additionally, they have been cautioned against digital arrest scams, fraudulent investment groups on WhatsApp, installing suspicious APK files, and clicking on unidentified links received on their devices.

Through workshops, interactive sessions, and community dialogues, the Arthsutra program covers essential topics such as the importance of savings and how to build financial buffers for emergencies, understanding the nuances of responsible borrowing to avoid debt traps, and recognizing and avoiding common scams including those that occur online or in person.

In addition, participants will be guided on cultivating financial discipline and developing the resilience needed to navigate life’s monetary ups and downs. By merging practical knowledge with real-life scenarios, Arthsutra Samvad hopes to spark a long-term shift toward financially conscious behavior and a future-ready citizenry.

The programme will be further amplified through cultural events in surrounding areas and will include interactive workshops, expert talks, and community engagement activities, designed to simplify finance and encourage lifelong financial learning.

As part of the 100-year-old Bajaj Group, Bajaj Finance is committed to serving society. A Bajaj Finance spokesperson said,

“We believe the business of financial services has a larger purpose that of inclusion of the underserved and unbanked population into the nation’s financial mainstream. As part of our efforts to further financial inclusion, we are now launching a pan-India financial inclusion programme, aimed at bringing as many people as possible into India’s formal financial stream.”

IIFCL Raises USD 500M ECB, Oversubscribed 5x at Lowest Cost in 15 Years

IIFCL’s Inaugural USD 500 Million ECB Oversubscribed Five Times, Secures Lowest Cost in 15 Years to Boost Infrastructure Financing

New Delhi, Dec 08: India Infrastructure Finance Company Limited (IIFCL) has successfully raised USD 500 million in External Commercial Borrowings (ECB) through the Multilateral Investment Guarantee Agency (MIGA), a World Bank Group-supported guarantee facility. The initiative, aimed at financing priority infrastructure projects, witnessed overwhelming interest, with bids nearly five times the proposed facility.

The ECB, structured with a 15-year tenor, is designed to match the amortizing profile of typical infrastructure loans and avoid fixed rate-fixed tenure shocks commonly seen in bonds. MIGA provides coverage of up to 95% on principal and future interest, with an embedded hedging structure, enhancing the financial security of the facility.

Sh. Palash Shrivastava, Deputy Managing Director, IIFCL, stated:

“The strong response from global lenders reflects confidence in India’s growth story and infrastructure expansion. This success strengthens IIFCL’s ability to channel long-term international capital into priority projects and sets a benchmark for other institutions seeking global funding.”

Twelve leading international banks participated in the bidding, including Citi Bank, JP Morgan, Standard Chartered, HSBC, Société Générale, SMBC, Credit Agricole-Corporate & Investment Bank, BNP Paribas, MUFG, Commerzbank, BBVA, and Deutsche Bank. The facility supports sectors under the Harmonised Master List of Infrastructure Sub-Sectors, with a particular focus on sustainable and climate-aligned projects, adhering to Environmental and Social Safeguards (ESS) aligned with MIGA and Government of India standards.

This initial tranche of USD 500 million forms part of a larger programme targeting up to USD 2.5 billion in international capital mobilization for infrastructure financing, without requiring a direct Government of India guarantee. The financial closure for the first tranche is expected within this quarter.

Executive Centre India Achieves IMMUNE™ Building Standard Certification

Dec 8: Executive Centre India Limited’s workspace at One BKC, Level 17, Mumbai has been awarded the IMMUNE™ “Powerful” certification (4.5 star rating out of 5), marking a major milestone for India’s co-working industry. With this achievement, TEC becomes the first organisation in India’s flexible workspace ecosystem to be certified under the globally recognised IMMUNE™ Building Standard.

The IMMUNE™ Building Standard is administered by the Healthy by Design Building Institute (HDBI), an international accreditation body that evaluates buildings on their ability to protect and enhance occupant health. The certification assesses 135+ criteria across indoor air quality, ventilation, water safety, cleaning protocols, material health, pathogen control, and overall operational resilience. A “Powerful” rating reflects high-level implementation of science-based design and technology measures that contribute to safer and healthier environments.

Paul Daniel Salnikoff, Managing Director and Chief Executive Officer at Executive Centre India Limited, commented

 “Executive Centre India Ltd is honoured to be the first co-working operator in India to receive the IMMUNE™ Building Standard certification with a 4.5-star rating out of 5 for our One BKC workspace, a proud milestone for our organisation. This recognition from a global standard that prioritises people’s well-being reinforces our mission to set new benchmarks in quality, resilience and member experience, ensuring that each TEC workspace combines premium design and functionality with a strong focus on health protection and well-being.”

The certification marks a significant step for India’s flexible workspace sector, bringing globally recognised health standards into a co-working environment for the first time. By meeting the IMMUNE™ criteria, TEC demonstrates how shared workplaces can integrate thoughtful design and rigorous operational practices to support the needs of today’s workforce.

The Leela Palace Bengaluru Unveils the City’s First Lippan Art Christmas Tree, Created Exclusively for Its Holiday Celebrations

BENGALURU, Dec 6: The Leela Palace Bengaluru unveiled ‘Mirrors of Hope’, the city’s first Lippan Art Christmas Tree, at its annual tree-lighting ceremony last evening, reimagined this year as a celebration of artisan craftsmanship, women empowerment, and conscious luxury. The 12-foot installation, handcrafted by women artisans from Kutch in collaboration with the Karigar Foundation, brought India’s indigenous craft traditions to the forefront while redefining festive storytelling at the Palace.

In a city known for its dynamic blend of tradition and modernity, The Leela Palace Bengaluru has set a new benchmark for how luxury hospitality can approach festive celebrations, not as an opportunity for spectacle alone, but as a platform for cultural preservation, women’s empowerment, and sustainable design.

The ceremony brought together guests, cultural voices, and the hotel’s leadership to witness a celebration that honored not just the festive season, but the hands that created it. The installation has been aptly named ‘Mirrors of Hope’, each mirror embedded in the clay surface symbolizing light, reflection, and the promise of a brighter future.

In collaboration with women artisans from rural Gujarat, The Leela Palace Bengaluru crafted each element of the installation with care, using sustainable materials and techniques passed down through generations. Rather than opting for imported or mass-produced decorations, the hotel chose authentic, handmade adornments made from sustainable materials like clay, mirrors, and natural elements, which showcased the vibrant heritage of India’s craft traditions.

The result is a visually stunning tree adorned with intricate, handcrafted Lippan motifs, each one imbued with cultural significance and the personal artistry of its creator. Additionally, the installation stands as a representation of the hotel’s commitment to conscious celebration and environmental care.

Lippan Art, also known as Lippan Kaam, is a centuries-old craft form traditionally practiced by women in the Kutch region of Gujarat. However, like many traditional art forms, Lippan has faced challenges in recent years as younger generations move away from rural crafts and artisan communities struggle to sustain their livelihoods.

For The Leela Palace Bengaluru, commissioning this tree was about giving a vanishing craft form contemporary relevance. And by placing it in a high-profile space, the hotel ensured the artistry was seen, celebrated, and understood as part of India’s living artistic heritage.

The evening’s atmosphere was exquisitely enhanced by festive cocktails, delicate seasonal bites, and the enchanting sound of live Christmas carols that filled the lobby. By bringing together guests, artisans, and cultural narratives, the hotel turned the ceremony into a celebration of shared values, inviting guests to pause and appreciate the intersection of celebration and craftsmanship.

As the moment arrived for the ceremonial lighting of the tree, it became clear that this was not just a symbolic gesture. The illumination of the installation represented a deeper tribute to purpose and conscious celebration with the hotel committing to support artisan welfare initiatives based on engagement, a mechanism designed to extend the impact of the evening beyond the ceremony itself.

What’s further interesting in the tree will be disassembled after the festive season and its components thoughtfully repurposed into functional items such as handcrafted coasters for guest rooms, ornamental keepsakes for VIP gifting, and art pieces for internal display and mementos, extending the life and story of the installation well into the new year & reinforcing The Leela’s commitment to conscious luxury, where beauty is not fleeting, but enduring.

A part of a coordinated festive initiative across multiple Leela properties this season, the hotel demonstrated how a classic ceremony can be transformed to carry deeper meaning & that the festive season is not only a time for joy and gathering, but also a time for thoughtful action and purposeful celebration.

The Lippan Art Christmas Tree stands as a glowing reminder that joy can be beautiful, meaningful, and transformative all at once. And that when celebration is rooted in care, it reflects something far greater than light – it reflects hope, heritage, and the dignity of craft.

Fino becomes India’s first Payments Bank  to receive ‘In-principle’ approval from RBI for conversion into a Small Finance Bank

Mumbai, Dec 06: Fino Payments Bank Limited (“Fino” or “the Bank”) today announced that it has received the Reserve Bank of India’s (“RBI”) ‘In-principle’ approval to convert into a Small Finance Bank (“SFB”) marking a significant step in the Bank’s long-term vision to become India’s most trusted, digital-led bank.

The ‘In-principle’ approval also marks the first instance of a Payments Bank in India getting an opportunity to convert into an SFB. It is an affirmation of the strength and scalability of Fino’s lean operating model, consistent performance and high standards of governance.  

Terming the conversion to SFB as a natural progression, Rishi Gupta, MD & CEO, Fino Payments Bank, said,

“The ‘In-principle’ approval is a historic and momentous occasion in Fino’s evolution journey. We are deeply grateful to the regulator (RBI) for reposing faith in Fino’s asset light business model and its robust governance structure. The approval is a testament to our consistent performance, ability to take technology-led banking to the masses, promote digital payments and adherence to compliance and regulatory guidelines. 

It provides Fino, an opportunity to realise its growth potential by expanding product suite, engaging with a wider customer segment, foray into lending and building a strong liability franchise thereby creating significant value for all stakeholders.

I take this opportunity to thank our investors, customers, employees and partners for their continuous support and patronage, and express my gratitude to our Board Members for their guidance.” 

The Bank will continue to leverage its asset-light, distribution-led network while investing in technology, data and partnerships to build scale efficiently. For customers, this conversion will translate into more choice, greater convenience and a wider range of solutions delivered through Fino’s trusted phygital model.

Ketan Merchant, Chief Financial Officer, Fino Payments Bank said,

“We are honoured by the RBI’s ‘In-principle’ approval and deeply grateful for the continued trust reposed on Fino. Our model allows us to mobilise liabilities at low cost, this would enable us to build a differentiated Small Finance Bank focusing on secured assets and enhance our ROE through asset light model.”  

As of September 30, 2025, Fino served 16 million customers through 2 million+ merchants covering 97% of India’s pin codes, giving it one of the widest and most trusted last-mile networks in the country. During the mentioned period, the Bank also had a deposit base of over Rs 2,300 crores with cost of funds as low as 1.9%, a significant metric and potential differentiator in the long run. 

Conversion plan and regulatory road map

Fino will now work closely towards:

• Meeting all conditions stipulated under the ‘In-principle’ approval
• Aligning capital, governance and structural requirements for SFB operations
• Preparing a comprehensive migration blueprint ensuring seamless continuity of all existing services during the conversion period

The Bank will continue to operate as a Payments Bank until final approval is granted and SFB operations commence. 

CREDAI Hyderabad Responds to RBI Rate Cut

Hyderabad: Dec 06: Confederation of Real Estate Developers Association of India (CREDAI) Hyderabad welcomes RBI’s 25 basis point rate cut and presents the following leadership quotes to capture the key points and intent as stated by CREDAI Hyderabad executives. The release underlines how the move supports affordable housing, buyer confidence, and sustainable growth in Hyderabad’s real estate sector.

According to Mr. N Jaideep Reddy, President, CREDAI Hyderabad, “This 25-bps reduction in repo rate and a cumulative reduction of 125 basis points in 2025 will help make credit more accessible at lower rates. With RBI’s proactive liquidity measures—₹1 lakh crore in Open Market Operations purchases—banks have both the mandate and the means to swiftly transmit these benefits to homebuyers encouraging home buyers to avail cheaper home loan rates to pick their dream home. As a step toward affordable housing, the RBI rate cut lowers borrowing costs and supports homebuyers in achieving their homeownership goals. This policy action is timely for Hyderabad’s market, reinforcing confidence among developers and buyers alike.”

Adding to this Mr. B. Jagannath Rao, President Elect, CREDAI Hyderabad said, “The consistent rate reduction in the monetary policy gives homebuyers a window to lock in historically low rates and substantial savings while securing their dream home in India’s most dynamic and affordable metro. With Hyderabad’s average home loan value at ₹75 lakh, the benefits are substantial and immediate:

For a ₹75 lakh loan over 30 years, buyers save nearly ₹4.76 lakh in total interest
The cumulative 125 bps reduction for the year delivers ₹800-₹1,000 monthly relief on a ₹50 lakh loan
These are real, meaningful savings that make homeownership more accessible for Hyderabad’s aspiring families.”

According to Mr. Kranthi Kiran Reddy, Gen Secretary, CREDAI Hyderabad, “Lower interest rates directly increase purchasing power. Buyers can now qualify for larger loan amounts while maintaining the EMI burden, opening doors to better properties and premium locations that were previously just out of reach. For our industry—fuelled by monetary policy, infrastructure development, and job-led demand—this offers a perfect combination for sustained success and growth.”

Uber sees record festive demand for Courier, plans expansion to 10 more cities  

Chandigarh, Dec 05: Uber today shared key trends for Uber Courier and Uber Courier XL this festive season, marking the highest-ever demand for the delivery products. As consumers across Indian cities increasingly turn to Uber for everyday and festive deliveries, the company announced plans to expand Uber Courier to over 10 new cities in 2026.

Available already in 25 cities across India, Uber Courier and Courier XL continue to see rapid adoption, offering fast, reliable, and convenient delivery solutions for everything from gifts to essentials. Powered by Uber’s global technology and local reliability, the products are reshaping how India moves packages.

Speaking on the growth of Uber Courier, Shiva Shailendran, Director – Consumer Growth, Uber India and South Asia said,

“Uber Courier is redefining convenience by giving people a simple, reliable way to move what matters to them. From festive gifts to daily essentials, users are trusting us with deliveries that truly count. The strong growth we’re seeing reflects how deeply these products are resonating with our users and how they’ve become part of everyday life.”

During the festive period, Uber Courier, already Uber’s fastest-growing category, saw a sharp rise in usage for both daily and seasonal deliveries. Common items included food, clothes, medicines, and small electronics, underscoring how embedded the service has become in day-to-day life. Deliveries peaked around Diwali and Rakhi, with the busiest hours being between 11 AM and 4 PM as users preferred convenient daytime slots to send gifts and essentials on festive days.

The product creates additional earning opportunities, with half of all Uber Bike drivers completing Courier trips. Alongside drivers, Uber Courier also provides small and medium businesses with a quick, hassle-free way to reach their customers and strengthen their connection through reliable, on-demand deliveries.

Uber Courier XL, built for larger and bulkier items, also saw strong traction this festive season. The most common items sent included sports equipment, crockery, furniture, textiles, hardware, and large stationery shipments. Deliveries for both Courier and Courier XL peaked on Thursdays, Fridays, and Sundays ahead of Diwali, underscoring how people were extensively tapping into the service to make deliveries.