14 Oct 2019

Startup NEWS, Oct 14, 2019

1. Paytm to cut losses by 33% to $400 million: Vijay Shekhar Sharma

  • Paytm has completely cut incentives on P2P UPI transactions after seeing a group of customers conduct millions of transactions of Rs 21 between its network and other rival players.
  • The firm expects GMV, which does not include P2P money transfers that don’t earn any revenue, to reach $35 billion by year-end.

Source: ET

2. All about the new wave of technopreneurs

  • Their exposure in the startup scene and operational credibility have made them darlings of venture capital firms
  • Some investors think as, in 2014-15, the market is moving ahead of itself, and VCs are assuming the business building is very easy.

Source: ET

3. Here’s how White Hat Jr is training next-gen tech creators

  • White Hat Jr has its own coding curriculum and gives one-on-one lessons through interactive online classes.
  • White Hat Jr also intends to add global class scheduling feature and gamification techniques to its platform.

Source: ET

4. The prenup is the latest must-have for startup founders in love

  • In a 2016 survey by the American Academy of Matrimonial Lawyers, 3 in 5 divorce attorneys said more clients were seeking prenups in the past three years.
  • Long popular with older wealthy couples who re-marry, prenups are also being demanded by entrepreneurs who want to keep future windfalls to themselves.

Source: ET

5. Chinese banks eye early-stage deal in Indian startups

  • The access to a country the size of China, the world’s second-largest economy and consumer market is a powerful reason for linking up.
  • Separately, Chinese VC investments in India continue to be on an upward curve.

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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