15 Oct 2019

1. Ratan Tata to invest in Tork Motors Tork Motors is gearing up to launch its flagship electric motorcycle in the next few months. I place good value on the sound logic and the approach that the team at Tork Motors has taken,” Tata Sons Chairman Emeritus Ratan Tata…

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09 Oct 2019

1. Government to fund 100 startups to use its translation platform MeitY has started work on a natural language translation mission with government records as the initial database. The platform will be opened up for private use to allow big companies or startups to plug into it to offer…

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08 Oct 2019

1. Oyo founder Ritesh Agarwal investing $700 m in $1.5-B fresh round Investment to be routed via RA Hospitality and financed by the $2-2.2b debt Oyo CEO had raised. “With the CCI approval now in place, the company will get a capital infusion of $1.5 billion for this mission,…

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27 Sep 2019
People Startup Discussion

1. Become profitable, stop gimmicks. Softbank’s Son gives ‘very public lesson’ to startup founders WeWork isn’t SoftBank’s first intervention. Its investment in Uber Technologies Inc. included a deal to block. controversial co-founder Travis Kalanick from taking a CEO or chairman position. Even as his lieutenants were laying the groundwork…

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21 Sep 2019

1. Karnataka HC stops HipBar’s door delivery of booze Earlier in the year, HipBar filed a writ challenging the withdrawal of home delivery permission granted to it by the Karnataka Excise department. “The younger generation, including kids below the permissible age, is succumbing to the temptation of liquor, may…

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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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10 Sep 2019

1. SoftBank pushes WeWork to postpone its contentious IPO SoftBank has invested a total of about $10.65 billion into the New York-based company, but that has been at a range of valuations. WeWork has lined up a $6 billion credit line that is contingent on it raising at least $3…

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07 Sep 2019

1. India’s domestic market for computer services to grow faster than exports: UN report The first-ever Digital Economy Report said the size of the global digital economy range from 4.5 to 15.5 percent of world GDP. India ranked fourth in terms of growth in the share of the ICT sector’s…

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19 Aug 2019

1. Paytm rejigs its top deck, CFO Madhur Deora named President The Citigroup veteran, who joined the digital payments company in 2016, will now oversee multiple business lines at the Noida-based firm. The changes at the top come in the wake of a number of senior executives quitting Paytm…

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09 Aug 2019

1. Top VCs cut big cheques for idea stage startups Returning entrepreneurs, who have been a rare breed in India, had always found interest from VCs as they were safe bets, but top executives from large startups are increasingly able to rack up big rounds. Top venture capital investors,…

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