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…
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…
Smart Parking Solutions Startup ‘Park+’ Collaborates With ‘AarogyaSetu’ To Control The Spread of COVID-19
To control the spread of COVID-19, Smart parking solutions startup Park+ is collaborating with AarogyaSetu, an Indian government-developed mobile application. With this tie-up, Park+ will leverage individual COVID-19 safety status…
Rapido Launches Rapido Store, A One-Stop Solution For Business Deliveries
Rapido, an Indian online bike taxi aggregator, has launched Rapido Store, a one-stop solution for all business deliveries. With the help of Rapido Store, offline and online businesses will be…
Automobile Component Manufacturer ‘Sona Comstar’ Ties Up With IIT Delhi To Help Startups
To support, fund and mentor innovative startups, a leading automobile component manufacturer, Sona Comstar, tied up with Indian Institute of Technology Delhi (IIT-Delhi). Sona Comstar is an Indian origin global…