12 Oct 2019

Startup NEWS, Oct 12, 2019

1. Ad-tech startup OneOneDay raises $1.3 million in pre-series A round

  • The company lets users watch ads that they like and pays them for it, with a portion of the earnings also going to a social cause of the user’s choice.
  • OneOneDay said it would use the funding to scale up its sales operations and enhance the platform.

Source: ET

2. WeWork India may raise Rs 1,400 crore

  • The fundraising plans come amid controversy around WeWork’s initial public offering.
  • “We still maintain a good relationship with WeWork globally and will retain the brand,” said Karan Virwani, director, WeWork India.

Source: ET

3. Amazon Great Indian Festival ‘Celebration Special’: Here are the best deals

  • The latest launches including OnePlus 7T, Samsung M30S, Samsung M10S, and Vivo U10 will be listed at attractive prices.
  • The sale promises up to 40% off on Flagship Samsung models with Galaxy Note 9 available at rock bottom price of Rs 42,990.

Source: ET

4. KSUM showcases 18 startups at GITEX expo in Dubai

  • Kerala was the only Indian state to put on display startups from diverse technological streams at the GITEX Future Stars venue, it said.
  • KSUM is the nodal agency for entrepreneurship development and incubation activities in the state.

Source: ET

5. Walmart may get a $10 billion Diwali gift

  • Global retail major Walmart Inc is planning to demerge PhonePe, the payment system and digital wallet company of Flipkart so that its ownership will be vested directly with the US retail giant, two people familiar with the transaction told ET.
  • “The move will help some of the existing investors in Flipkart to cash out in the secondary sale,” said one of the persons quoted above.

Source: ET


About Philomathes Jigyasu

Philomathes (pronounced as fillo-MAY-thus) is a fictional character at VAYUZ (https://www.vayuz.com), who is on a never ending journey called “LEARNING”. In a way, Philomathes embodies VAYUZ - Way of life, which is if you are not learning then you are not breathing. The word Philomathes, comes from the Greek roots philo and philein meaning "to love" and the Greek roots mathos (MAH-thos) and mathesis (muh-THAYSIS) meaning “learning”. Philomathes through his Blogs and Vlogs (Video Blogs) will share his experience, learnings and thoughts. In his tryst to learn and understand, he would also seek answers to questions. So if you would like to join him in this incredible journey called “ life” then feel free to write to him on philomathes.jigyasu@vayuz.com. Always remember, knowledge is all around us, we just need to keep our guards down and senses on.

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