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USBIC has said that it categorically opposed to mandates that require the sharing of proprietary data under the new rules. → Read More
The Indian government’s AatmaNirbhar Bharat App Innovation Challenge has announced the final winners of the hackathon hosted on Friday. → Read More
We bring you the next edition of the movers and shakers of the week. → Read More
As Elon Musk recently proclaimed, “Who controls memes, controls the universe.” One of the gossip chains last week, though, began in Hindi and took burns to the next level. → Read More
UST Global's former CEO Sajan Pillai has now set up a new entity to support investments in B2B startups, McLaren. → Read More
With pandemic and the subsequent lockdown delivering a blow to the economy, the government has advised startups to reinvent and change their line of business to tap new opportunities. → Read More
Broadband service Jio Fiber has been down in North India, with users complaining on Twitter about technical problems. → Read More
WhatsApp’s digital payments platform is finally compliant to the Reserve Bank of India’s (RBI) data localisation policies. → Read More
Mumbai-based B2B healthtech marketplace MedikaBazaar has received a fresh cash infusion from Antwerp-based Ackermans & van Haaren (AvH). → Read More
Mumbai-based conversational AI assistant Haptik is securing cash from its parent company, Reliance Industries. → Read More
CPCB told National Green Tribunal (NGT) that Amazon and Flipkart haven’t responded to its correspondence on excessive packaging materials. → Read More
Japanese venture capital firm BEENEXT on Tuesday (June 16) announced that it has closed its BEENEXT Emerging Asia Fund at $110 Mn. The fund will focus on empowering early-stage startups and founders in India as well as South East Asia to accelerate digital technologies led innovation and growth in the new normal across sectors. The company has plans to allocate about 50% of the fund exclusively… → Read More
The opening of rail, road and domestic air traffic has brought cheers for online travel aggregators and hospitality players, who are now restarting operations. → Read More
Vijay Shekhar Sharma-led One 97 Communications’ payments bank, Paytm Payments Bank (PPBL) has reported the second year of profits. The company said its profit has grown 55% from INR 19.2 Cr in FY19 to INR 29.8 Cr in FY20. The company said that this has been largely led by higher customer acquisition in smaller cities and towns to drive financial inclusion in the country. The annual revenue has… → Read More
Nitin Gadkari claimed Champions has resolved over 16,000 grievances of the 20,461 filed in the portal by MSMEs. → Read More
NPCI said that the UPI recorded 1.23 Bn transactions worth INR 2.18 Lakh Cr in May 2020, recovering from Covid hit in April. → Read More
The Reserve Bank of India said that there is no prohibition on banks in providing accounts to traders and startups dealing with cryptocurrencies. → Read More
After over two months of a lull of traveltech industry, the government has finally allowed the travel industry to restart including OTAs. → Read More
A report by cybersecurity firm Cyble has found personal data of 29 Mn Indian job seekers on the dark web, available for sale, free of cost. → Read More
The National Restaurant Association of India (NRAI) met finance minister Nirmala Sitharaman on Thursday (May 21) to seek a relief… → Read More