BUSINESS
AI startup Inspektabs raises $600,000 from Better Capital, Titan Capital and others
The startup offers artificial intelligence-based video inspection of cars and other assets for insurance, valuation and damage assessment.
BUSINESS
Remote working and offshore centres to pick up because of COVID-19 and H-1B visa suspension
While getting to travel onsite to the US might have become a challenge, fresh opportunities from American tech giants will continue to find their way to India
BUSINESS
BookMyShow casts its eyes on live streaming and online shows
As the start-up prepares for a post-COVID era, it is looking at ways to push their online platform for entertainment to be consumed at home
BUSINESS
Swiggy launches payment platform, ties up with ICICI Bank
Swiggy Wallet will allow consumers a one-step check out while making purchases on the food delivery platform.
TECHNOLOGY
These are the best alternatives to the popular Chinese apps banned in India
Most of the apps were providing utility services like cleaning unused apps, virus protection, scanning, there are multiple alternative apps available in the Play Store which can get the same work done.
BUSINESS
Chinese apps, including TikTok, banned: These are the most popular on the Play Store
The government feels these apps are "prejudicial to sovereignty and integrity of India, defence of india, security of state and public order".
BUSINESS
Tit-for-tat FIRs, NoBroker and MyGate slug it out over ‘data theft’
Business rivalry turns ugly as NoBroker accuses MyGate of stealing data. MyGate hits back, says its employees harassed by NoBroker for sensitive customer information.
BUSINESS
Innoviti expands its ESOP pool to 30% of its employees
Innoviti said even call centre executives have been brought under the cover of the ESOP pool. The pool was created as a part of the structuring carried out during the recent series C funding round from FMO and Bessemer.
BUSINESS
PhonePe launches UPI handle in partnership with ICICI Bank
It is a part of the payment app’s effort to get into a multi-bank partnership model to reduce dependence on one bank.
BUSINESS
Unlock 1.0: Demand shoots up, but last-mile challenges delay e-commerce deliveries
What used to be delivered in one day could be taking as much as five days now given the issues related to COVID-19.
BUSINESS
Unlock 1.0: Demand shoots up; but last-mile challenges delay e-commerce deliveries
What used to be delivered in one day could be taking as much as five days now given the issues related to COVID-19.
BUSINESS
Fullife Healthcare raises Rs 50 crore from Rakesh Jhunjhunwala and other investors
The company is planning to expand its scope of operations to the US and other European countries
BUSINESS
Slice raises Rs 46 crore in a pre-series B round of funding
The payments and credit startup says it will use the money to double the strength of its management team.
BUSINESS
RBI instructs lenders to adhere to fair business practices
The central bank says it has received complaints of exorbitant interest rates, harsh recovery measures, and unauthorised use of personal data by lending platforms.
BUSINESS
Aye Finance raises Rs 210 crore from existing investors
The startup has seen encouraging repayment trends and will start lending slowly to small businesses from July.
BUSINESS
Exclusive: Fintech lenders set to restart giving fresh loans, but exercise extreme caution
Digital lenders say they need banks to ease their lending strings more; small businesses need some liquidity support to restart
BUSINESS
As India unlocks, startups push for contactless ticketing in city buses
Startups can leverage QR code, GPS tracking and other solutions to make ticketing systems efficient and digital.
BUSINESS
Zerodha’s Rainmatter invests Rs 3.5 crore in GoldenPi
The startup is trying to open up bond and debenture investments for retail investors.
BUSINESS
India-China tension| Startups may find it more difficult to attract Chinese funds
Revised FDI norms had slowed down approvals, the border clash will make it even more difficult to get Chinese investment, say experts.
BUSINESS
InCred acquires digital loan platform Qbera
The company won’t confirm the amount but the deal, which was pegged at $10-15 million, is believed to have happened much cheaper.
BUSINESS
Safety kits, bi-weekly payments in Swiggy’s ‘package’ for restaurants
As the food and beverages industry resumes business, Swiggy hopes to get restaurants online faster with its 'Jumpstart Package'.
BUSINESS
WhatsApp Payments, stuck in regulatory hurdles in India, goes live in Brazil
In India, the Supreme Court is still looking around the legality of WhatsApp Payments going live.
BUSINESS
Jolted by virus, Indian startups finally get down to making money
As pressure mounts and investors tighten purse strings, startups cut costs, streamline businesses with a singular aim of making profits.
BUSINESS
Coronavirus pandemic | Digital payments fall up to 68% in April
NEFT down 34%, RTGS more than 50% and debit cards 68% compared to March, RBI data shows.
