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[Update II] Mauritius Files: How Sequoia India And Others Dodged Indian Taxes...
The Indian startup ecosystem is reeling from the exposé from the International Consortium of Investigative Journalists (ICIJ) which showed that Sequoia Capital, one of the most active investors in the...
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Café Coffee Day Founder V G Siddhartha Missing After Sending ‘Last Letter’ To...
A frantic search is on in Karnataka for the missing Café Coffee Day founder V G Siddhartha, who has not been since last (Monday) night. V G Siddhartha’s letter to CCD staff has since then been doing...
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Uber Lays Off 400 From Its Marketing Team; Is Trump To Blame?
Ridehailing giant Uber has laid off 400 employees out of the 1,200 that make up its marketing departments across 75 branches, a week before it is supposed to announce quarterly report for Q2 2019. The...
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RBI Fines Mobikwik, HipBar INR 26 Lakh For Non-Compliance
The Reserve Bank of India (RBI) has imposed a penalty of around INR 26 Lakh on Mobikwik Systems and HipBar, for non-compliance with regulatory guidelines. Mobikwik Systems Private Limited has been...
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Apple Saw Double-Digit Growth In India, Says Tim Cook In Earnings Call
Apple has tried it all to gain market share in India, and a healthy stream of revenue from its Indian users. And then last year, it did what many experts had urged it to for a long time. It started...
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Government Could Soon Regulate Ola, Uber Thanks To Amended Motor Vehicles Bill
After throwing a curveball to ridehailing players with its electric vehicle mandate, the Indian government has now approved amendments to the Motor Vehicles Bill, which will allow the centre to...
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Walmart Backs Supply Chain Startup Ninjacart With $50 Mn Funding
Retail giant Walmart has backed fresh produce supply chain startup Ninjacart with an investment of $50 Mn, according to a news report today. An ET report said that the startup would receive a first...
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Tata Motors Plans To Set Up 500 Public EV Charging Stations In Major Cities...
Even as the government continues to urge the Indian automobile industry towards electric mobility, one of the biggest questions is around the infrastructure, particularly from a charging point of view....
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Telangana’s T-Hub Launches Healthtech Market Access Programme
Telangana’s state-backed startup programme T-Hub announced the launch of its HealthTech Arcade programme in partnership with a health solution company called Optum. The arcade series is focused on...
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WeWork Puts IPO Success On Line To Secure $6 Bn Funding For Expansion
Coworking company WeWork is reportedly setting up $6 Bn in financing as it plans to increase and deepen its global footprint. Ahead of its IPO, WeWork is seeking to borrow in two ways: a $2 Bn...
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Government Opens Doors For Easier Credit To Spur Economic Growth
India’s finance minister Nirmala Sitharaman is expected to meet chiefs of all state-run as well as private sector banks on Monday to discuss issues related to credit growth in key segments of the...
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Reliance To Buy 87.6% Stake In Ecommerce Startup Fynd For INR 295 Cr
Reliance Industries Limited is set to acquire an 87.6% stake in fashion ecommerce platform Fynd for INR 295 Cr (about $42.33 Mn), according to a Reliance Industries’ filings in the Bombay Stock...
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Paytm Payment Gateway Adds Bulk Payments Feature for Merchants, SMBs
Paytm is making it easier for its merchant partners, businesses and companies to make bulk payments through its payment gateway with the launch of ‘Bulk Payments’ for the Paytm Payments Gateway....
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Brinc Ties Up With Kerala’s KSUM, Maker Village For Hardware, IoT Accelerator...
Kerala is in many ways ahead of the curve when it comes to startup policies at the state level, even though it may not be home to India’s biggest startups, or may trail the likes of Karnataka, Delhi...
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How Kochi Is Leading The Way In Kerala’s Exemplary State-Backed Startup...
Kerala is one of the favourite vacation spots in India, this is especially owing to the ‘God’s Own Country’ campaign run by Tourism India. The state, however, is not known for just that but has also...
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Coworking Startup GoWork Raise $53 Debt Funding Mn From BlackRock
Gurgaon-based coworking space GoWork has announced raising $53 Mn debt funding from BlackRock’s Private Credit team. CLSA Capital Partners’ Special Situations Group also participated in the round,...
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Apple To Restrict Facebook, WhatsApp Voice Calling Feature To Prevent...
To protect the privacy of its users and keep major apps from accessing microphone data in the background, Apple has announced that it would be rolling out an update to mobile operating system iOS to...
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BIGShift Shines Spotlight On Nagpur: Celebrating The Startups, Founders And...
“If the Indian startup ecosystem has to evolve at all, seed stage investors need to start funding aggressively.” Speaking to 70+ startup founders at BIGShift’s Nagpur edition, the cofounder of Nagpur...
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Google Takes On Amazon With Revamped Image Search Feature To Bolster Shopping...
When you want a product, you might search for it on Amazon, but when you want to simply search in general, it’s very unlikely that you use something other than Google. And while Google is the king of...
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Google Rushing To Fix Major Search Bug That Failed To Index New Content
In a bizarre repeat of Google’s failed indexing of news articles, Google Search is having trouble showing the latest articles to users around the world, including in India. While Google said it is...
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