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Citrus Pay Founder Amrish Rau Joins Pine Labs As CEO
Citrus Pay founder Amrish Rau has now joined point of sale service provider Pine Labs as its chief executive officer. Rau is replacing Vicky Bindra who was heading Pine Labs since May 2018. Bindra,...
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Smartphone Giants Look To Overcome Coronavirus Impact On Shipments, New Launches
In the aftermath of the coronavirus outbreak, various smartphone companies have come forward to highlight their concerns about the losses that the industry is facing right now and in the medium term....
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Power Struggle: The Startups Battling For Battery Supremacy In India’s EV Market
Did you know? Battery accounts for 40% of the total cost of manufacturing of the electric vehicle. It is no wonder then that batteries are the focal point of the electric vehicle market — whether it is...
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For IndiaMART, No “Adverse” Impact From Coronavirus Epidemic
The ongoing coronavirus outbreak, which has affected more than 90K people and claimed the lives of over 3,100 people across 77 countries, has slowed down the progress of global businesses. Companies...
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Leap Finance Gets Sequoia Backing To Fix Student Loans For Studying Abroad
India is second only to China in terms of international student enrollment in overseas colleges and universities, according to QS World University Rankings, but Indian students have a mountain to climb...
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Digit Insurance, LogMeIn Come Forward To Help Battle Coronavirus
After claiming the lives of over 2.5K individuals globally, coronavirus has now become a big nightmare for the world. With around six new registered cases of coronavirus-led disease Covid-19 in India,...
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How Telangana Became The Hub For Healthtech And Agritech Startups
The newly-formed state of Telangana had to obviously battle many obvious uncertainties at the time of its separation from Andhra Pradesh. According to Deepthi Ravula, CEO of WeHub, the government-run...
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Govt Gives Streaming Platforms 100 Days To Finalise Self-Regulation Code
As it looks to regulate content on over-the-top (OTT) video streaming platforms, the Indian government has now given 100 days to streaming companies to set up an adjudicatory body. After meeting with...
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RTP Global Announces $650 Mn Fund III To Back Startups Globally
Russian entrepreneur and investor Leonid Boguslavsky led venture capital firm RTP Global has announced a $650 Mn Fund III to invest in startups in India, Europe, North-America, and other Southeast...
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Here’s How Uber Acquired Nearly 10% Stake In Zomato For Just $206 Mn
Indian food delivery platform Zomato acquired Uber Eats India business for $206 Mn, as per the regulatory filings by the US-based company. In the fillings, Uber specified, “estimated fair value of the...
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J&K In Talks With Cisco To Block Social Media On Fixed-Line Internet
The Jammu and Kashmir administration has reportedly been in conversation with US-based software firm Cisco System to prevent any fixed-line internet or broadband users from accessing social media...
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Home Ministry Raps Social Media For Inaction During Delhi Riots
The ministry of home affairs has pulled up social media platforms for not taking actions against “objectionable content” flagged by Delhi Police. This was in reference to the recent Delhi riots which...
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Supreme Court Legalises Bitcoin, Cryptocurrency Trading In India
In what is great news for India’s crypto community, the Supreme Court of India has struck down the Reserve Bank of India’s (RBI) banking ban on Bitcoin and other cryptocurrencies. The apex court ruled...
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Hungry To Binge-Watch? Here Are 10 Best OTT Platforms In India
The concept of home entertainment has evolved so quickly in the Indian context that it’s hard to catch a breath. In just ten years, digitisation has taken over the entire market. From many families in...
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Sleepy Owl Grabs Series A From Rukam, DSG Consumer
Delhi-based ready-to-drink coffee brand Sleepy Owl has raised an undisclosed amount in Series A funding round led by Rukam Capital. AngelList India has also participated in the round, along with...
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ClearTax Acquires Karvy’s GST Filing Arm In All-Cash Deal
Y Combinator-backed fintech startup ClearTax has announced the acquisition of asset management platform Karvy’s goods and services tax (GST) filing business in an all-cash deal for an undisclosed...
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Cabinet May Give Nod To Overseas Listing Under Companies Act
After multiple rounds of discussions, the union cabinet may give its nod for amendments in the Companies Act to enable Indian companies to list their equity shares in foreign countries. A TOI report...
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Stanza Living Peeks Beyond Student Housing To Focus On Wider Coliving Market
Delhi-headquartered student housing startup Stanza Living has announced the expansion of its focus areas beyond student accommodation to coliving facilities for working professionals. Talking to Inc42,...
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More Troubles For Flipkart As CCI Told To Investigate Market Abuse
In what could be another setback for Walmart-owned Flipkart, the National Company Law Appellate Tribunal (NCLAT) has directed the Competition Commission of India (CCI) to reopen its investigation into...
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With $6 Mn Pre-Series B, Agritech Startup Arya Looks To Build Flexible...
Noida-headquartered agritech startup Arya has raised $6 Mn in its pre-Series B funding round. The investment has come in from agritech-focussed Omnivore and the company’s existing backer LGT Lightstone...
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