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Data Collaboration Platform Atlan Raises Pre-Series A Round From WaterBridge,...
Data collaboration platform Atlan has raised $2.5 Mn in a Pre-Series A round led by WaterBridge Ventures. US-based 500 Startups, Singapore’s Hatcher and other family office investors, including the...
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Ola Electric Turns Unicorn With Series B Funding From SoftBank
Ola Electric has raised a massive $250 Mn Series B funding round from SoftBank, according to Ministry of Corporate Affairs filings accessed by Inc42 today (July 2). The push for electric mobility has...
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How Chandigarh Is Stepping Up Its Game To Become A Rising Startup Hub
The Indian startup ecosystem is progressing fast, and while cities like Bengaluru, Delhi and Mumbai are the leading names in the startup hubs, the cities in states such as Punjab are slowly catching up...
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TikTok Refutes Shashi Tharoor’s Allegations About The App Sharing User Data...
Chinese video-making app TikTok refuted Congress MP Shashi Tharoor’s claims that the app was illegally sending data on Indian users to the Chinese government. The claim was put forth by Tharoor in his...
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OYO Strengthens Lead In Southeast Asia; Opens Ops In Vietnam
Hotel room aggregator OYO Hotels & Homes continues its rapid expansion across South Asia with its foray into Vietnam, with 90+ hotels across 6 major cities including Hanoi and the capital Ho Chi...
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Flipkart Compliant With FDI Ecommerce Rules; Ready For Audit: CEO
Flipkart CEO Kalyan Krishnamurthy has said that the company is in full compliance with India’s FDI rules and is ready to face any audit to prove this. The Walmart-owned etailer is under scrutiny over...
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India Plans To Reduce Dependence On China In Producing Power Banks
India plans to cut the reliance of local smartphone and electronics makers on power banks manufactured in China. The government is planning to establish a Centre of Excellence (CoE) for the design of...
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Flipkart Plans To Bring 50K Small Town Shops Online
Ecommerce giant Flipkart has announced a major drive to bring 50,000 medium and micro, small and medium enterprises (MSMEs) onto their platform by the end of 2019. The company regards the onboarding of...
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LIVE Union Budget 2019: News, Analysis And Impact On Indian Startup Ecosystem
Union Budgets are as much about a government’s vision as it is about earmarking public funds for the country’s future. As finance minister Nirmala Sitharaman gets ready to present her first budget...
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SoftBank Plans To Pump In $2-4 Bn More In India Over The Next Two Years: Report
SoftBank Vision Fund, one of the world’s largest tech funds, plans to invest $2-4 Bn in India over the next two years as it bets heavily on sectors such as financial services. This is a shift from the...
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OYO Founder Ritesh Agarwal Could Buy Back $1.5 Bn Shares To Get Greater Control
Hospitality startup OYO founder Ritesh Agarwal is in talks with the company’s investors Sequoia Capital and Lightspeed Venture Partners to buy back shares and increase his ownership of the startup he...
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Govt Looks To Ease Angel Tax Issues Further Through Changes In IT Returns
Presenting the Union Budget 2019 last week, Finance Minister Nirmala Sitharaman said that the startup ecosystem is key to India’s economy and its growth needs to be encouraged. “To resolve the...
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Indian Parliament Members Call For Data Protection Bill And TikTok Ban
Members of Parliaments (MP) have claimed in the house on Thursday that Chinese short-video making app TikTok was spreading “fake news” and “malicious content” within India while also sharing Indian...
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Bill Gates Talks Of Steve Jobs’ Ability To “Cast Spells” On The People He...
Bill Gates talks of Steve Jobs’ ability to “cast spells” on the people he worked with In a special segment on leadership to be broadcast this Sunday on CNN, Gates spoke about his one-time competitor...
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DailyHunt In Funding Talks With Carlyle, SoftBank To Take On Chinese Rivals
With the rise of Chinese social media apps in the Indian market on the back of their strategy to target Indian regional language users, homegrown players such as ShareChat and DailyHunt have faced an...
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Facebook, Twitter Not On Donald Trump’s Social Media Summit Guest List
Social media giants Facebook and Twitter have not been invited to a social media summit scheduled for Thursday and organised by US President Donald Trump at the White House. The summit, announced by...
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Amazon India Expands Network For Furniture, Large Appliances Ahead Of Prime Day
One week ahead of its nationwide sale Prime Day, Amazon India announced that it would be expanding its network of specialised Delivery Stations and Fulfilment Centres (FCs) for furniture and large...
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Airbnb’s Direct Impact In India Around $150 Mn In 2018
A survey released by online accommodation marketplace Airbnb on Monday stated that the direct economic impact they had on India in 2018 was around $150 Mn (INR 1,035 crore). The total estimated guest...
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Aadhaar Amendment Bill Cleared By Rajya Sabha
Both the Houses of the Parliament gave their final nod to the Aadhaar and Other Laws (Amendment) Bill 2019 on Monday (July 8). This Bill permits the voluntary use of Aadhaar as a proof of identity (KYC...
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I-T Dept Says Facebook, Google Underreporting Indian Revenues
The Income Tax Department of India has called for the scrutinisation of global tech companies like Google and Facebook whose reported revenues in India, according to a report shared by the department,...
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