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Startups! Here’s Your Chance To Win Live Funding In Ten Minutes
Building a startup is always exciting, but it isn’t without unique challenges at every stage — from ideation to team building, and from product iteration to launching in the market. And while a startup...
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Ahead Of Budget, Payment Apps, Banks Urge Government To Bring Back MDR
Even as the IT ministry dismissed speculation about reimbursing payment apps and banks for the merchant discount rate (MDR) on RuPay and Unified Payments Interface (UPI) transactions, bodies...
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D2C Health Food Brand True Elements Raises INR 10 Cr From SIDBI-Managed...
Pune-based D2C health food brand True Elements has closed a funding round of INR 10 Cr from the Maharashtra State Social Venture Fund (MSSVF), managed by SIDBI, which invests in companies have an...
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Meet The Eight Startups In Flipkart Leap Accelerator Programme’s First Cohort
Ecommerce giant Flipkart has announced eight startups as part of the first cohort of the company’s startup accelerator programme Flipkart Leap, which was launched in August 2020. The first cohort...
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Tesla All Set For India Launch; Registers Indian Subsidiary In Karnataka
With plans to launch its electric cars in India by 2022, Elon Musk’s Tesla is all set to make a splash in the Indian market after registering Tesla India Motors and Energy Private Ltd with India’s...
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[UPDATE] BYJU’S Close To Acquiring Aakash Institute In Mega $1 Bn Deal
In what would be the largest edtech acquisition in the world, Indian edtech giant BYJU’S is reportedly close to acquiring test prep giant Aakash Educational Services Ltd for $1 Bn . The world’s most...
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Dunzo Sees Losses Double In FY20 Despite Major Revenue Gains
Bengaluru-based hyperlocal startup Dunzo has posted a near 10x growth in overall income from INR 3.5 Cr to INR 32.3 Cr, but its losses also rose sharply to reach INR 338.3 Cr in the year, as per the...
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Paytm Looking To Raise $400 Mn From Swiss Investor UBS Group
As Paytm looks to take on other payment giants and solidify its diversified financial services platform, Swiss multinational investment bank UBS Group AG is in reportedly close to investing $400 Mn in...
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[The Outline By Inc42 Plus] India Inc Fights Bigtech
Spartans! The world will know that free men stood against a tyrant, that few stood against many, and before this battle was over, even a god-king can bleed… India’s antipathy towards the latest changes...
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Facing Backlash, WhatsApp Delays Controversial Privacy Update By Three Months
With controversy and debate about messaging apps and privacy raging around the world and particularly in India, WhatsApp has decided to delay its privacy updates for business chats by three months....
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Trends That Will Rule The Gaming Industry In 2021
Gaming used to be a steady trend in the West, however, the gaming fever has caught on in India as well with the rise of a serious following among the youth. In fact, gaming is today considered one of...
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India’s Digital Lenders Take On Google Play Store Over Loan App Crackdown
After Google reportedly took down over 500 lending apps from the Google Play Store in India, digital lending companies and bodies representing fintech companies have approached Google over the new...
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Will INR 1000 Cr Startup India Seed Fund Boost New Startup Launches After...
Nearly a year after indicating that the government is working on a seed fund for startups, Prime Minister Narendra Modi announced the launch of the INR 1,000 Cr ‘Startup India Seed Fund’ to fuel...
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Udayy Raises $2.5 Mn From Alpha Wave, Info Edge Ventures To Expand Live...
Edtech platform Udayy, which offers live learning courses for children in grades 1 to 5, has raised $2.5 Mn in its seed funding round led by Alpha Wave Incubation (AWI), managed by Falcon Edge Capital,...
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From Super App To Shutdown: Hike Gives Up On Chat App In Yet Another Revamp
“India won’t have its own messenger,” Hike CEO Kavin Bharti Mittal Messaging platform and one-time super app Hike has decided to down the shutters on Hike Sticker Chat in a move that changes the...
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WhatsApp Doubles Transactions In December; PhonePe Takes UPI Market Lead
Despite launching in November 2020, Facebook-owned WhatsApp Payments (WhatsApp Pay) has managed to double its UPI transactions volume in December 2020, even as PhonePe and Google Pay maintained a...
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HRtech Startup Darwinbox Raises $15 Mn From Salesforce Ventures To Expand...
HRtech startup Darwinbox has raised $15 Mn funding led by Salesforce Ventures, the investment arm of global SaaS giant Salesforce, to expand its global footprint and accelerate entry into Southeast...
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India’s IT Ministry Tells WhatsApp To Withdraw Privacy Policy Changes,...
The Indian government has reportedly asked WhatsApp to withdraw the recent updates to its privacy policy, which affect how WhatsApp shares data with Facebook for certain communications or chats. As per...
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Flipkart, Amazon Likely To See Major Impact From India’s New Ecommerce FDI Rules
After the major setback that was the Press Note 2 in 2018, India’s ecommerce marketplace giants Flipkart and Amazon India are expected to be hit by another round of changes in the foreign direct...
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Dunzo Bags Series E From Google, Lightbox To Capitalise On Hyperlocal Demand...
Bengaluru-based hyperlocal delivery startup Dunzo has raised $40 Mn in its ongoing Series E funding round from new and existing investors including Google, Lightbox, Evolvence, Hana Financial...
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