Fintech Giant Paytm To Disburse Rs 1,000 Crore MSME Loans By March 2021
Fintech platform Paytm on Monday said it is expanding its collateral-free loans for MSMEs. As per the fintech giant, its collateral-free loans for MSMEs will be increased from Rs 550…
E-Gaming Startup WinZO Launches Game Developer Fund II To Invest In Indian Game Developers
New Delhi-headquartered e-gaming startup WinZO has launched its Game Developer Fund II worth $5 million (Rs 37.5 crore). As per WinZo, it is in line with Prime Minister Narendra Modi’s…
Ecommerce Giant Flipkart Acquires Mobile Gaming Startup ‘Mech Mocha’
India’s leading eCommerce marketplace Flipkart has acquired mobile gaming startup Mech Mocha for an undisclosed valuation. As per the deal, the acquisition brings into Flipkart the Intellectual Property of Mech…
Indian Online Bike Taxi Aggregator ‘Rapido’ Launches Mumbai Operations
Indian online bike taxi aggregator Rapido has announced the launch of its bike-taxi service in Mumbai. Rapido plans to onboard two lakh bike drivers in the next two years as…
Procter & Gamble (P&G) Announces Rs 400 Crore ‘India Growth Fund’ For Innovation And Tech
To accelerate the government’s vision to make an Aatmanirbhar Bharat, Procter & Gamble (P&G) has announced a Rs 400 crore fund, ‘India Growth Fund.’ The fund will focus on innovations…
Indian eCommerce Sales On A Record High, Reports 55% Jump In Sale Goods
Indian eCommerce sales are on the rise, and during October 15-21 festive sales, Ecommerce companies reported a 55% jump in sale goods to $4.1 billion (Rs 29,000 crore) across platforms.…
Apps In Digital Ledger Segment See Higher Adoption In Small Towns
Due to the availability of cheap data and smartphones, the number of internet users is increasing. As first time users from smaller tier towns and cities come online, tech startups…
BSE Signs Agreement With ICCI To Support Startups, SMEs In Listing
Aimed to support small and medium enterprises (SMEs), startups, and promote their listing on the exchange, Stock exchange BSE has signed an MoU with Inventivepreneur Chamber of Commerce and Industries…
Shuttl Starts Testing International Market Expansion With Thailand
Shuttl, a mobile app-based office commute bus aggregator, has started testing the overseas market amidst disruption in operations because of the COVID-19 pandemic. First reported by Entrackr, a source gave…
PwC Report Says Media, Entertainment Sector Will Grow Over 10% Till 2024
According to a report by PwC India, the media and entertainment industry is expected to grow at an annual rate of over 10% to reach $55 billion by 2024. In terms…