11 Sep 2019

Startup NEWS, Sep 11, 2019

1. Amazon opens its homepage to display ads

  • WATCH OUT: Firm is in a race with Google and Facebook for ad spends this festive season.
  • Amazon has run campaigns with brands such as Citibank and Maruti Suzuki and is looking to acquire more large clients in the run-up to the festive season.

Source: ET

2. Flipkart’s parent adds Rs 1,616 crore to cart ahead of sales

  • The etailer is targeting $3 billion in sales this festive season.
  • Wholesale units of e-commerce marketplaces have come under the scanner following a revision in the foreign direct investment rules for the sector in December.

Source: ET

3. After exchanges, Jignesh Shah sees 100-times bigger opportunity in ‘startup ecosystem’

  • “When I set up exchanges and launched different products, I was creating and innovating for a very elite class in financial markets. Today, I want to create something for the masses,” Shah told in an interview.
  • “We now have a very conducive environment with a strong leadership under Prime Minister Narendra Modi that wants to promote entrepreneurship and job creation,” said Shah.

Source: ET

4. Delhi-NCR home to 7000 startups; pips Bangalore and Mumbai in Unicorn count: Report

  • Despite the encouraging numbers, a call for action was suggested in several core areas for the eventual growth of the startup ecosystem.
  • An increase of seed and early-stage funding, more active angel investors in Delhi NCR, outcome-driven programs to boost tech talent and creating more affordable co-working spaces was felt to be the need of the hour.

Source: ET

5. Rana Kapoor in talks with Paytm founder to sell stake in YES Bank

  • As you understand —this is extremely market sensitive, Kapoor said in a WhatsApp message.
  • Reports suggested that Kapoor is in talks with Paytm founder Vijay Shekhar Sharma which may be at a personal level, and which Kapoor neither confirmed nor denied.

Source: ET

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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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