Monthly Archives: September, 2019

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Startup Funding Alert: 30th September 2019

TWID, a reward-based payments app, raises $1.4 million in seed funding from SVC LLC Bengaluru-based digital-payments app TWID has raised $1.4 million from SVC LLC...

Netflix to launch free first episode streaming for Indian users

Netflix plans to launch its new feature for India-based users in an attempt to penetrate deeper into the Indian market. The company will make...

Sitharaman: Government clears Rs 40k crore dues to MSMEs, remaining to paid by 1st week of October

Finance Minister Nirmala Sitharaman stated on September 26th that various ministries had cleared Rs 40,000 crore out of their respective dues out of the...

Flipkart, Amazon witness spectacular festive sales on day one amidst economic slowdown

E-commerce platforms Amazon and Flipkart witness massive sales on day one of the festive season sale 2019 that has crossed the last year’s numbers....

India’s e-cigarette ban: PM Modi responds

Two weeks earlier, Finance Minister Nirmala Sitharaman announced the government-imposed ban on e-cigarettes in the country. On 29th September, PM Narendra Modi, in his monthly radio...

Weekly Startup Funding Report: 29th September 2019

The total funding secured this week in the Indian startup ecosystem stands at $88.8 million. The majority amount of around $49 million was raised...

GainBitcoin Scam: Court rejects Bhardwaj’s petition, extends submission deadline by 3 months

The Supreme Court has rejected Amit Bhardwaj's petition seeking lower deposition of Rs 2 crore. Bhardwaj, the key accused of the major GainBitcoin scam, was...

IITs hike MTech fees from Rs 20,000 to Rs 2 lakhs per annum

The IITs on Friday declared to increase the fee for M.Tech courses by ten times. The students studying MTech Programs in IITs will be...

Is Samsung Galaxy Note 10 Plus Noteworthy?

Samsung Galaxy Note series has always served as a big competition to the best in the market. The Note flagship has always been the nothing-that-I-can't-do...

Indiabulls shares plunge as the court agrees to hear petition

Indiabulls Group companies' shares dived on Friday after a report suggested that Delhi High Court granted petitions to probe Indiabulls Housing. Indiabulls Ventures Ltd...

Ankur Warikoo to step down as the CEO from Nearbuy.

Ankur Warikoo, the CEO and co-founder of Nearbuy, on Friday announced his resignation from the company. Nevertheless, he will continue as the board member...

Piramal-Softbank deal might break off due to rising differences

Masayoshi Son led conglomerate SoftBank and Piramal Group might call off their deal due to rising differences. The Japanese bank had earlier been in...