01 Oct 2019
Startup NEWS

1. Rolls-Royce announces the first cohort of its Startup Accelerator Programme The final startups were identified through a rigorous selection process, wherein they were evaluated on the basis of their ideas, capabilities and project fitment. The program will help accelerate data innovation and drive opportunities for collaborative disruption with…

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09 Sep 2019

1. Singapore has become a fulcrum for India’s economic policies: S Jaishankar Around 20 percent of India’s investments came from Singapore and more than 9000 Indian companies were registered here, he noted. In 1992, India launched the India-Asian partnership and by 2005 “we” were members of the East Asia…

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05 Sep 2019

1. UPI transactions top 900 million in August  July saw 822 million transactions; use may touch 1 billion in the upcoming festival months.  Newly released data from National Payments Corporation of India (NPCI) show that in August, a total of 918 million transactions worth Rs 1.54 lakh crore were processed…

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08 Aug 2019

1. UPI usage soars, but Paytm share sinks Company cedes market share to Google Pay, PhonePe which registered around 300 million transactions each in July while Paytm clocked 140 million transactions. Paytm had around 16% share of the total UPI transactions of 822 million in July, while Google and…

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07 Aug 2019

1. SoftBank looks to move on with Indian mobility sector SoftBank’s interest in the new mobility space can be gauged through its two investments in peer-to-peer car rental service Getaround and vehicle leasing platform Fair, both in the US. SoftBank is closely evaluating the mobility sector in India, including…

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06 Aug 2019

1. BlackRock is back to lead $53 million round in GoWork GoWork will use the proceeds towards expansion, marketing and scouting for potential acquisitions, according to Sudeep Singh, its chief executive. BlackRock, the world’s largest asset management company, has led a $53 million (about Rs 375 crore) debt financing…

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30 Jul 2019

1. PhonePe gets a Rs 698 crore topup from Singapore parent The battle in the digital payments space has intensified, with Paytm, PhonePe and Google Pay, fighting for market share. Digital payments leader PhonePe has received another tranche of funds from parent entity, according to documents accessed from the…

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05 Jul 2019

1. Startups in dire need of regulatory clarity  Survey makes a case for an optimal tax policy. For this, getting the balance right is extremely critical to not drive away the #investors. Sector’s concerns related to angel tax and other issues must be addressed. The number of #startup registrations…

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