Y Combinator’s decision to ‘flip’ Indian startups into American entities for funding is facing backlash from early-stage investors & founders alike. | Continue reading
RBI will look to scale up SFMS, its homegrown alternative to messaging system SWIFT, as part of its broader goalposts for the year 2025. | Continue reading
Fintech Razorpay has filed a complaint with the cybercrime police about hacker(s) who stole INR 7.3 Cr by making false authorisation. | Continue reading
Bengaluru-based MFine has laid off 75% or around 600 employees citing that the startup was facing financial difficulties | Continue reading
In one of the biggest news this week, the new draft ecommerce policy may be introduced in the next few weeks. It will have a provision for a sector regulator and would help boost the sector, promote exports and ensure fair play. | Continue reading
According to TRAI, 64% of the internet connections are from urban areas while 36% or around 194 Mn (19.4 Cr) are from rural regions. | Continue reading
The self-censorship code will most likely adopt a redressal mechanism that will allow viewers to send complaints if they judge the over-the-top (OTT) services to have violated it. | Continue reading
The Central Board of Direct Taxes (CBDT) on Tuesday extended the deadline for US companies operating in India to submit… | Continue reading
The company’s operational revenues contributed almost 95% to its total revenue of $153.26 Mn in the fiscal year ending March 31, 2018. | Continue reading
A media report cited an email by Flipkart to its online sellers stating that it was slashing commissions in the range of 1-6%. | Continue reading
The EU has expressed reservations on India's draft Data Protection bill and said India's tech industry does not need this type of forced-localisation. | Continue reading
Global EV sales set to double in 2021, then double again by 2025. This is pushing the price of Lithium through the roof | Continue reading
Pushkar Singh, cofounder and CEO of LetsTransport told Inc42 that fresh funds will be used for scaling up operations and more. Read here! | Continue reading
The startup looks to boost its core leadership team, scale up the supplier network and deepen its technology platform with the latest fund infusion. | Continue reading
Toppr started with courses for class XI and XII. It now offers adaptive learning for class V to XII and also competitive exams such as JEE | Continue reading
Byju Raveendran, founder and CEO, BYJU’S said that the company has aggressive plans for international market expansion. | Continue reading
Indian government has now stated that the MCA notices sent to startups were in fact just queries asking startups to justify high share premiums | Continue reading
In a notification, the telecom regulator said that these rules may be called the Flight and Maritime Connectivity Rules, 2018. | Continue reading
The startup which offers on-demand household services such as cleaning and home repairs has raised this funding after a gap of three years. | Continue reading
IKEA which opened its first store in India in August this year, is looking to ramp up its employee count in India by 10 fold. | Continue reading
The All India Online Vendors Association has written to the PM alleging small players are being exploited by the likes of Amazon and Flipkart. | Continue reading
BYJU’S entered the unicorn club in March this year valued at $1 Bn (INR 6,505 Cr) and is now fifth most valuable startup in India. | Continue reading
The frequent capital infusions point to the focus of both Flipkart and Amazon on their B2B platform. | Continue reading
The government has also directed eSign service providers to explore alternative options to use offline Aadhaar system to verify customers. | Continue reading
The two minute video shows a delivery man eating from two boxes and then repackaging them. | Continue reading
Under the new regulatory framework, foreign investors will face less paperwork and get detailed information about the process. | Continue reading
ESOPs have become the new way of rewarding employees in the Indian startup space. | Continue reading
In her new role, Reddy will be working closely with Deep Nishar, senior managing partner at SoftBank Investment Advisors on frontier technologies. | Continue reading
Case In Point 2018 is aimed at offering budding entrepreneurs a chance to solve the existing problems of startups. | Continue reading
Infibeam which runs CCAvenue, made a strategic investment in Mumbai-based Instant Global Paytech Private Ltd (IGPL) | Continue reading
In 2017, Ola amended its Articles of Association to include a clause that prevents SoftBank from buying more shares in Ola without the approval from the company’s founders and board. | Continue reading
RBI has already held two to three rounds of meetings with the Unique Identification Authority of India (UIDAI), the Aadhaar regulatory body. | Continue reading
The govt had ruled that WhatsApp Pay can't be launched till the company sets up an office and recruits a team in India. | Continue reading
The Pre-Series A round was led by Exfinity Venture Partners and StartupXseed . | Continue reading
IT Minister Ravi Prasad said CSCs are important for ensuring that government welfare schemes and services are available to every citizen. | Continue reading
The 42Next list was prepared after evaluating thousands of entries on criteria such as competition, innovation, revenues, traction, leadership, team, build up, and growth rate, among others. | Continue reading
After the Walmart-Flipkart deal, Sachin has been in talks with many Indian startups for investment opportunities | Continue reading
WhatsApp announced the appointment of Abhijit Bose as the head of its Indian operations. Arora’s resignation came in soon afterwards. | Continue reading
Binny Bansal has reportedly decided not to pursue the complaint against the ex-woman employee who accused him of ‘serious personal misconduct’. | Continue reading
Xiaomi is opening rural MiStore with 'New Retail' concept across the country that bring flagship experience to rural consumers. | Continue reading
Global eSports is the latest entrant in the online gaming segment in India and is a professional esports organisation. | Continue reading
The research topics include the role of WhatsApp messages in inciting mob violence in India. | Continue reading
Under the Kerala Technology Startup Policy 2014, the state government had launched the Kerala Startup Corpus Fund. | Continue reading
Twitter CEO Jack Dorsey said that fake news is a multi-variable problem and there won’t be one fix. | Continue reading
Honda is also gathering information on the specific requirements of potential customers of electric vehicles in India. | Continue reading
We bring to you the latest edition of Movers and Shakers of the week .Matrimony.com Ropes In Former Aircel CXO and more. | Continue reading
Ecommerce companies are in a fix as they reportedly struggle to comply with a November 10 deadline to deposit tax collected at source on all payments made to their sellers in the last month. | Continue reading
According to the company, rides can currently be booked within the three major cities and also from Auckland and Wellington airports. | Continue reading