03 Jul 2019

Startup NEWS, July 3, 2019

  • According to the draft bill issued in 2017, the ownership of intellectual property created, generated or created in outer #space is deemed to be vested with the central #government.
  • #Startups and investors in the #Indian #space sector have asked for a reworking of the intellectual property clause in the #Space Activities Bill and for flexibility in liability insurance requirements, as #India enters pre-legislative discussions on the Bill.

source : ET

  • The winter that set in late 2015 on funding appears to have thawed as there is renewed funding galore in #Indian #startups. In the quarter ending March 2019, #Indian #startups recorded total funding of $3.42 billion.
  • The #startup funding landscape has changed significantly over the past few years with source of funds diversifying from #foreign funds to late-stage funding.

source : ET

3. Digital India is a tribute to the 5 mn Indians employed in the IT industry: Raman Roy, Chairman, Quattro BPO Solutions

  • The winter that set in late 2015 on funding appears to have thawed as there is renewed funding galore in #Indian #startups. In the quarter ending March 2019, Indian startups recorded total funding of $3.42 billion.
  • The #startup funding landscape has changed significantly over the past few years with source of funds diversifying from foreign funds to late-stage funding.

source : ET

4. InfoEdge-backed startup ShoeKonnect pivoting to fashion B2B marketplace 

  • InfoEdge-backed ShoeKonnect, which connects small offline retailers with manufacturers is pivoting to a #fashion and apparel play in the #B2B category.
  • JSW has exposure to five major currencies like US Dollar, Euro, Japanese yen, British Pound and Australian Dollar.

source : ET

5. Peebuddy raises bridge investment from Indian Angel Network 

  • This bridge funding comes on the back of the market traction that Sirona has garnered post the introduction of several first-of-their-kind products in India.
  • Team Sirona, makers of feminine hygiene products like PeeBuddy & Sirona Menstrual Cups, Herbal Period Pain Relief Patches, has raised an undisclosed follow-on investment from Indian Angel Network (#IAN).

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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