05 Mar 2020

1. SoftBank-backed Indian startup Oyo to cut 5,000 jobs globally4 Oyo said on Wednesday it is laying off 5,000 people from its global workforce as the Indian budget hotel startup looks to cut its spendings and chase profitability. The latest round of job cuts would reduce Oyo’s headcount to…

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30 Jan 2020

1. Startups that burn investor money, disappear won’t get a second chance: Ratan Tata Tata, who also invests in startups, also said old-age businesses will recede and the young founders of innovative companies are the future leaders of the Indian industry. The comments from Tata come at a time…

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28 Jan 2020

1. NASA taps startup Axiom Space for the first habitable commercial module for the Space Station NASA has selected Houston-based Axiom Space, a startup founded in 2016, to build the first commercial habitat module for the International Space Station (ISS). This module will be used as a destination for…

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24 Jan 2020
Social Media Analytics

1. SEBI To Use Social Media Analytics, Tools To Track Fraudulent Activities The statement came after SEBI had reportedly said in November 2019 that it will be spending INR 500 Cr to upgrade its IT infrastructure with its own private cloud systems and technology integration. The market regulatory body…

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16 Dec 2019

1. Union Budget 2020: Sitharaman To Seek Inputs From Startups On Economic Revival As the countdown to the Union Budget 2020 begins, finance minister Nirmala Sitharaman will have pre-budget consultations with stakeholder groups from across sectors starting Monday, December 16. The Union Budget 2020-21 is likely to be presented…

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13 Dec 2019

1. Arjun Kapoor Turns Entrepreneur, Invests in Home-made Food Delivery Startup with Focus on Gender Parity Actor Arjun Kapoor has become an entrepreneur, investing in an emerging food delivery startup and said the focus is to bring a positive social change towards gender parity in society. The startup is…

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03 Dec 2019

1. Cyber Monday shoppers on track to hit a record $9.4 billion, Adobe Analytics says.  As of 9:00 a.m. New York Time, Cyber Monday shoppers have already spent $473 million online, according to data released by Adobe Analytics, which monitors the online transactions of 80 of the top 100 web…

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02 Dec 2019

1. Africa Roundup: Nigerian fintech gets $360M, mints unicorn, draws Chinese VC November 2019 could mark when Nigeria (arguably) became Africa’s unofficial capital for fintech investment and digital finance startups. The month saw $360 million invested in Nigerian focused payment ventures. That is equivalent to roughly one-third of all…

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09 Nov 2019

1. Fret no more. Flying taxis may soon help you beat traffic congestion German developer Lilium has announced that their prototype flying taxi has achieved speeds in excess of 100 km/h. This has given the startup confidence to expand its production capacity ahead of the planned commercial launch in…

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08 Nov 2019

1. Tech Mahindra and Israeli startup Atidot collaborate on AI-based insurance solution Through this partnership, the companies will provide a platform to increase profitability for insurance companies by predicting customer behavior, lapse patterns and improve their cross-sell as well as upsell capabilities. The solution will bring new benefits to…

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