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P2P Lending Platforms Turn To Finance Ministry Over Credit Limit
Peer-to-peer (P2P) lending industry body has now turned to the Finance Minister Nirmala Sitharaman to air their grievances regarding the Reserve Bank of India (RBI) norms, which limit the lending to...
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Dunzo Rakes In $45 Mn Series D Funding To Scale Up Tech
Bengaluru-based hyperlocal services enabler Dunzo has finally closed $45 Mn Series D funding round after months of speculations and ministerial filings. In a media statement, Dunzo said Lightbox...
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India’s Booming Cloud Kitchen Opportunity And The Challenges In A Tight Market
Over the past decade, India has grown rapidly to become more urbanised, more connected and everyday life is increasingly driven by tech services and products. As the per capita income of the Indians...
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Exclusive: Bounce To Raise $125 Mn Funding From Accel, B Capital
Bengaluru-based Bounce (earlier Metro Bikes), a dockless bike rental startup, is raising around $125 Mn in its latest funding round. The round is led by existing investors B Capital and Accel India,...
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Railway Ministry To Install WiFi In 6K Stations Under Digital India Initiatives
In a bid to take Digital Indian initiatives to far-fetched areas, Railway Minister Piyush Goyal is planning to bring 6.5K railway stations online through WiFi connections. The ministry has also...
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MeitY May Provide Extra Benefits To Electronics Manufacturers To Make In India
The ministry of electronics and IT (MeitY) is now looking to increase its next round of incentives to attract new investments from the electronics industry in the country. A media report cited a senior...
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Corporate Tax Cut Alone Cannot Revive Economy: India Inc At WEF Meet
The Indian economic growth plummeting to a six-year low of 5% in April-June quarter had put everyone into a tizzy, which thereby led to an announcement of corporate tax cut to 22% from 30% in...
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Govt Boasts Of Indian Startup Ecosystem, Hopeful To Cross 1 Lakh Mark By 2024
As the third-largest startup ecosystem of the world, Indian startups have seen a tremendous change in attitudes among the government department. Guruprasad Mohapatra, secretary at the Department for...
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How Industry Leaders Are Acting As Role Models To Strengthen India’s Culture...
“If you want your child to get the best possible education possible, it is actually more important to get him assigned to a great teacher then a great school.” – Bill Gates. In the Indian startup...
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Medicine From The Sky: WEF’s Drone Delivery India Pilot To Begin In 2020
The government of Telangana in collaboration with Apollo Hospitals and the World Economic Forum has formalised the plan for a six-month pilot called ‘Medicines from the Sky’, starting in 2020. The...
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Amazon To Venture Into Cloud Kitchen Business, Should Zomato, Swiggy Be Worried?
Keeping pace with India’s rising cloud kitchen market, Amazon decided to venture into the market with its first cloud kitchen in Bengaluru to take on Zomato and Swiggy. Reports about Amazon’s entry...
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Walmart To Use Blockchain To Track Shrimp Exports From India To US
The multibillion dollar Indian fisheries industry is set to get streamlined with Walmart launching a blockchain technology for end-to-end traceability of transportation and food safety procedures for...
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Sequoia, Kalaari Partners Urge Govt To Allow Startup IPOs Even Without...
Speaking at the India Economic Summit 2019, Sequoia Capital India’s Shailendra Singh said that many Indian tech unicorns are at a very big disadvantage because the Indian public markets are designed to...
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Digital Wallet Startups Need To Have Internal Ombudsman: RBI
The Reserve Bank of India (RBI) has made it mandatory for non-bank issuers of prepaid payments instruments (PPIs) and digital wallet startups to institute an internal ombudsman. It has directed, as...
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Vernacular Content Key To Bridging Digital Divide In India: Wipro’s Rishad...
With over 451 Mn monthly active internet users, India has plenty of reason to be optimistic about the internet and digital ecosystem, but one major concern according to Wipro chairman Rishad Premji is...
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Movers and Shakers Of The Week [Sept 30 – Oct 5]
We bring to you the latest edition of movers and shakers of the week in the Indian startup ecosystem. Milkbasket, a daily grocery delivery company, announced the appointment of ex-OLA executive, Nitin...
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11 Indian Startup News Stories You Don’t Want To Miss This Week
We bring to you the latest edition of News Roundup: Indian Startup Stories Of The Week! In one of the major developments in the Indian startup ecosystem, the Indian Prime Minister’s Office has asked...
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Funding Galore: Indian Startup Funding Of The Week [Sept 30-Oct 5]
We bring to you the latest edition of Funding Galore: Indian Startup Funding Of The Week! In one of the biggest startup funding this week. B2B ecommerce platform Udaan raised close to $585 Mn in the...
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Greytip Raises $4.87 Mn Series C Funding From Info Edge, MegaDelta Capital
Human Resources (HR) tech startup, Greytip Software Private Limited, has raised a Series C funding of $4.87 Mn from Info Edge. The round also saw participation from existing investor funds advised by...
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Is OTT Eating Into DTH Cable Time? Here’s The Numberspeak
Over the last few years, entertainment has shifted from movie theaters and television boxes to anywhere and anytime on mobile phones with increasing access to the internet. This transition has gathered...
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