Delhi-NCR Witnesses Highest Number Of New Startups During January-June 2020
With an increase in government support and a rise in incubators and accelerators in India, the Indian startup ecosystem is expanding. And due to this growth, Delhi-NCR has seen the…
SaaS Unicorn Freshworks Acquires Pune Based Cloud Platform ‘Flint’
SaaS unicorn Freshworks has acquired Pune-based cloud platform Flint for an undisclosed amount. Freshworks said that this acquisition will strengthen its IT service management (ITSM) and IT operations management (ITOM)…
UP Government To Set Up 100 Incubators And 10,000 Startups In The State
To create employment opportunities and to encourage entrepreneurs to establish new ventures, the Uttar Pradesh government has approved a startup policy, the Uttar Pradesh Startup Policy 2020. The startup policy…
SBI Plans To Invest $150 Mn To Set Up A B2B eCommerce Marketplace For MSMEs
State Bank of India (SBI) is all set to invest $100 Mn to $150 Mn (Rs 750 Cr to Rs 1000 Cr) to set up its latest B2B eCommerce marketplace.…
Ola Partners With PhonePe To Provide Its Customers With Better Payments Experience
To provide its customers with better mobility experience, Ride-hailing startup Ola has joined hands with payment platform PhonePe. With this partnership, Ola users can now enjoy a seamless and convenient…
Around 70% Of Indian Startups Impacted By COVID-19, Shows Latest Survey
As per the latest survey, only around 22% of Indian startups have cash reserves for the next 3-6 months. A joint survey, ‘Impact of COVID-19 on Indian Start-ups’, conducted by…
With Increased User Load, Indian Social Media Apps Face Challenges
Since PM Modi’s push for ‘Made In India’ products and ‘Aatm Nirbhar Bharat’ majority of the Indian startups are witnessing an overwhelming growth. And in the digital space, what made…
Co-Living Startup ‘Zolo’ To Forgo Rental Payments For Tenants Hit By Job Cuts
Co-living startup Zolo has started waiving off rental payments of some of its residents who have recently lost their jobs due to the COVID-19 pandemic. As per Nikhil Sikri, chief…
ZEE5 Launches ‘HiPi’, A TikTok-Like Short Video Platform
‘Made for an Atmanirbhar Bharat’ ZEE5 has launched TikTok-like short video platform, HiPi. Called Hypershorts earlier, HiPi had been in the works for a while. HiPi videos will be over a…
Latest Report Shows Investment By Chinese Investors In India Has Seen 12 Times Growth
As per data and analytics firm GlobalData, Indian startups have seen a 12 times growth in investment by Chinese investors over the past 4 years. From 2016-2019, the investment made…