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Cryptocurrency This Week: After Supreme Court Verdict, CoinDCX Records 62%...
Mumbai-based cryptocurrency exchange aggregator, CoinDCX recently announced that Insta (formerly known as DCXInsta), has recorded a 38% MoM in growth since its inception in 2018. Sumit Gupta, cofounder...
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India’s Digital Sky Drones Platform Goes Live For Startups, Drone-Makers
On August 15, when India celebrated its 74th Independence Day, the country’s drone policy silently took a giant leap. Now, over 70% of India’s landmass of 3.28 Mn sq Km is open for drones to operate....
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Khatabook’s $300 Mn SMB Empire In Plagiarism & Trademark Violation Trouble?
Bengaluru-based business ledger app Khatabook has most definitely made its mark on the Indian startup ecosystem by gaining a super high valuation of $300 Mn with nothing to show in the revenue column...
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FPL Tech Raises $10 Mn Funding From Sequoia, Matrix & Others
Pune-based fintech startup First Principle Labs (FPL) Technologies, on August 18, announced that it has raised $10 Mn in funding from Sequoia India, Matrix Partners India and Hummingbird Ventures. The...
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Why Mental Health Startup Trijog Is Banking On Omnichannel Even As Mental...
Amid these stressful times, the mental health landscape, which has been predominantly dominated by counselling centres and specialist clinics, has taken a turn. Just like retail brands and outlets,...
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Five Startups Graduate From Cisco LaunchPad’s 6th Cohort During A Virtual...
Even in the harsh reality that surrounds businesses today with the markets and economies suffering unprecedented loss and slowdown, there is a ray of hope when it comes to innovative startups. With the...
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DrinkPrime Raises INR 21 Cr From Omidyar Network India, Sequoia Surge
DrinkPrime, a Bengaluru-based water purifier startup, raised INR 21 Cr in a Pre-Series A round from Omidyar Network India and Sequoia Surge on Tuesday (August 18, 2020). The funds will be used to...
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Airtel, Pepsi, Coca Cola Pause Advertising On Facebook, Instagram
In the past two months, popular brands like Diaego, Airtel, PepsiCo, Coca Cola and Adidas have reportedly reduced their advertising on Facebook and Instagram. The move is in line with their parent...
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Presenting The State Of Indian Startup Ecosystem Report 2020
In just over half a decade (2014-2019), India has shown a great appetite for technology, data and the internet. The internet paved the way for thousands of startups to rise over the past decade,...
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Burnout Leave, Wellness Leave? India’s Startups Wake Up To Remote Work Reality
When India’s coronavirus lockdown began on March 25, 2020, many companies had already volunteered to move to remote operations with employees working from home. At the time, it was being seen as a...
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Tencent-Backed Dream11 Replaces China’s Vivo As IPL Title Sponsor
Online fantasy sports startup Dream11 has won the title rights for Indian Premier League (IPL) 2020 after bidding INR 222 Cr (nearly $33.5 Mn), IPL governing council chairperson Brijesh Patel confirmed...
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Edtech Startup Masai School Raises $2.5 Mn From Unitus Ventures & Others
Bengaluru-based edtech startup Masai School has raised a Pre-Series A funding round of $2.5 Mn led by Unitus Ventures. The round also saw participation from India Quotient and AngelList India. The...
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Times They Are A-Changin: Traditional Brands Embrace The D2C Way
“Digital sales have their squirrel’s share that goes up to 5%, as compared to the offline distribution sales channel.” – Nevil Patel, director, Ajanta-ORPAT Group. It’s early days for many of India’s...
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Reliance Takes On Amazon Pharmacy With $83 Mn Netmeds Acquisition
After months of speculation, Reliance Retail has finally entered the online medicine delivery space by acquiring 60% equity stake in epharmacy startup Netmeds, formally known as Vitalic Health Private...
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Startups Called For INR 4.3 Cr ‘Swadeshi Microprocessor Challenge’
As part of the government’s Aatmanirbhar Bharat or self-reliant scheme, IT minister Ravi Shankar Prasad on Tuesday (August 18) launched the INR 4.3 Cr ‘Swadeshi Microprocessor Challenge’ on the lines...
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Facebook Summoned By AAP Govt Over Alleged Role In Delhi Riots
Troubles mounted for Facebook after the peace and harmony committee of Delhi legislative assembly has decided to summon Ankhi Das, the director of public policy at Facebook India over posts and...
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Congress Asks Facebook India To Probe Hate Speech Allegations
The principal opposition party in the Indian Parliament, the Indian National Congress (INC), on Tuesday, wrote to Facebook CEO Mark Zuckerberg demanding a high-level inquiry into the recent allegations...
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Acquiring Life Insurance Companies Next In Line For Sachin Bansal’s Navi
Sachin Bansal-led financial service company Navi Technologies is looking to add two more companies in its bucket list. The company is said to be in talks to acquire two private life insurance companies...
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Big Push For ‘Make In India’, Apple To Locally Manufacture iPhone 12 Series
In another fillip to PM Narendra Modi’s ‘Make in India’ vision, the US-based tech giant Apple is reportedly planning to manufacture its iPhone 12 Series in India. The ‘Made in India’ iPhone 12 models...
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As Reliance Acquires Netmeds, PharmEasy & Medlife Seal Merger At $1 Bn Valuation
Last night, Reliance officiated its entry into the online medicine delivery market by acquiring epharmacies startup Netmeds. While everyone is fussing over Reliance’s segway into this segment, other...
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