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Y Combinator-Backed Vahan.ai Raises Funds From Khosla Ventures, Others
Bengaluru-based jobs marketplace Vahan.ai has raised an undisclosed amount of fresh funding from Khosla Ventures, Founders Fund and Pioneer Fund. Vahan.ai founder and CEO Madhav Krishna told ET that...
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TCS Working On Software To Operate Drones In Remote Locations
Indian IT giant Tata Consultancy Services (TCS) is reportedly working on a drone software which can help solve problems in windmills or solar farms, that are located in remote regions. According to a...
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YES Bank May Raise Funds From Microsoft To Bolster Digital Banking
YES Bank is in discussion with three top technology companies, including Microsoft, to raise fresh capital, according to a media report. The private lender plans to induct one of them as a strategic...
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To Double Down On Festive Sales, Snapdeal Plans Separate Virtual Stores
In anticipation of the festive season sales, Indian ecommerce platform Snapdeal has planned to launch three separate online stores offering pooja essentials for Karva Chauth, Dhanteras and Diwali....
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India Manages To Sell Only 8K EVs In 6 Years: Are We Failing To Adapt To...
India’s first electric SUV has witnessed a major shortfall in its sales since its launch. The Hyundai Kona, launched in July 2019, has not been able to set any benchmarks in the emerging electric...
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Which Are The Most Successful Fintech Startups In India?
The demonetisation drive in 2016 in India, can safely be called the landmark moment which redefined the fintech ecosystem as it was understood until then and put many fintech startups in India on the...
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PayPal Drops Out Of Facebook’s Libra Cryptocurrency Amid Global Backlash
Apple CEO Tim Cook slammed it as a power grab, the Indian government refused to show interest and the European Commission is investigating its potential anti-competitive behaviour _ the ambitious...
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$3.2 Bn Worth Of Funding Raised By Indian Startups Across 193 Funding Deals
With just one quarter to go in 2019, it’s time to look back at the year and understand how far the startup ecosystem has come. Here’s the macro picture: In 2019, the Indian startup ecosystem has...
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OYO Looks To Raise $1.5 Bn Funding: Will It Help Make Hotel Partners Happy?
Gurugram-based hospitality decacorn OYO Hotels and Homes has announced that it is raising $1.5 Bn as part of its Series F funding round. The announcement comes at a time when media reports have...
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Cyber Criminals Are Main Competition Not Global Players, Says Paytm’s Vijay...
“The big giants with deep pockets never win the war,” Paytm’s CEO Vijay Shekar Sharma said in response to a media query about the growing competition in India’s digital payments space with the foray of...
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Dish TV Partners With Amazon Prime To Enable Video Streaming On Its DTH
Expanding its direct-to-home (DTH) services, Dish TV, on October 7, announced its partnership with the digital streaming platform Amazon Prime Video. Under the partnership, the DTH company will be...
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How Startups Can Raise VC Funding In India
Amid the economic slowdown across sectors in India, venture capital (VC) funding has remained a stable source of money to nurture startups. Entrepreneurs tend to rely on VC funding as they come with...
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Embarrassed And Impatient: Here’s How Masayoshi Son Is Dealing With Fall Out...
The visionary investor for maximum entrepreneurs has been SoftBank CEO Masayoshi Son. His investments of billions of dollars into the vision of disruptive startups have changed the flow of investments...
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Startup Events This Week: Founders Meetup By Inc42, Pulse42 And More
Last week, the ninth edition of Delhi Chapter Founders Meetup was hosted by Inc42, in association with HDFC Bank. The Delhi edition, where Rahul Singh, founder and CEO of The Beer Café was a guest...
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OYO-SoftBank JV Acquires Japanese Apartment Rental Firm For $100 Mn
In another instance of OYO’s acquisition strategy for growth, the Gurugram-based hospitality decacorn with SoftBank Group has reportedly acquired a Japanese apartment rental company, MDI. A Nikkei...
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Edtech Unicorn BYJU’S Revamps ESOPs Plan For Employees
Bengaluru-based edtech company BYJU’S has approved a board resolution to overhaul its existing employees stock option plan 2015 to employees stock option plan 2019. BYJU’S was last valued at $ 5.7 Bn...
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70% of Indian Businesses Depend On Automation for Cybersecurity: Cisco
More and more businesses and startups in India are relying more on automation, machine learning and artificial intelligence to serve their cybersecurity needs, according to a report by Cisco, as quoted...
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Vodafone Idea, Kia Team Up For Connected Car Platform In India
South Korean automobile company Kia Motors has decided to venture into the Indian connected car sector by collaborating with telecom operator Vodafone Idea. The companies have signed a partnership for...
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Sachin Bansal Gets CCI’s Green Channel Approval To Acquire Essel Mutual Fund
Sachin Bansal’s BAC Acquisitions (BACQ), on October 7, got Competition Commission of India (CCI) nod to acquire Essel Mutual Funds. The application was filed by BACQ and Essel Finance Asset Management...
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SEBI Bars Foreign Portfolio Investors Based In Mauritius, Cayman Islands And...
In its latest notification, the Securities and Exchange Board of India (SEBI) has limited the participation of foreign portfolio investors (FPI) in India’s investment market. The notification...
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