04 Nov 2019

1. The real reason why Uber moved in: To simplify tax math Earlier this month, Uber restructured and moved its entire India business – which partially operated from the Netherlands under Uber BV – to the India-domiciled Uber India Systems. This is Uber’s first such restructuring since 2014. This…

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07 Oct 2019

1. Bansal, Poonawallas to invest Rs 100 crore in lending company U Gro U Gro will use the funds to expand its businesses at a time when capital is scarce for the sector. U Gro started its disbursals in January this year and has disbursed more than Rs 600…

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05 Oct 2019

1. Paytm First Games raises $20 million for expansion This fund-raise will support the company’s ambition to scale its operations, invest in technology and further expand its user-base through various marketing activities. Paytm First Games has achieved more than 10 million monthly transactions with an annual revenue run rate…

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04 Oct 2019

1. Startups turn to AI improve teaching quality at government-run schools The quality of teaching, especially English-language education in government schools across the country, has always been a pain point. The key is in sustaining these initiatives over a period of time, which is where long-term partnerships will play…

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20 Sep 2019

1. Paytm invests Rs 250 crore to boost its travel business The company claimed that it sells more than six million travel tickets every month and is targeting to grow by 100 percent in the current financial year. The company has chosen Bengaluru as the base of operations for…

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19 Sep 2019

1. GitHub automates vulnerability discovery with Semmle code analysis engine Software development platform GitHub Inc. is making it easier for security researchers to identify vulnerabilities in the code it hosts after acquiring a company called Semmle Ltd. Semmle has built what GitHub says is a “revolutionary code analysis engine”…

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19 Sep 2019

1. Big billions riding on small businesses Digitizing small and medium businesses (SMBs) in India is likely to be an $80-billion opportunity by 2024 according to management consultancy firm Zinnov. If a company uses a smartphone or a PC and Internet, at the least, to conduct their business, then…

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18 Sep 2019

1. Tech companies launch ‘Hyderabad Fintech Forum’ Hyderabad Fintech Forum (HFF), a platform for the exchange of ideas on technology in BFSI (Banking, Financial Services, and Insurance) space to enable and strengthen the start-up ecosystem and make unicorns from the city, was launched here on Tuesday. Principal secretary to…

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13 Sep 2019

1. Indian ethical hacker helps Uber fix a flaw in its app that exposed user numbers, email. Anand Prakash is ranked among the top four bug bounty hunters on Uber globally, and the top one from India. Uber in a statement said that its bug bounty program has paid…

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12 Sep 2019

1. How Kobalt is simplifying the killer complexities of the music industry Backed by over $200 million in VC funding, Kobalt is changing the way the music industry does business and putting more money into musicians’ pockets in the process. In Part I of this series, I walked through…

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