Business

Another Rs 5,000 crore investment plan by Paytm
The online payment app is trying to invest over the span of three years The country’s largest online payments and mobile wallet company Paytm is going to invest again. The startup will invest Rs 5,000 crore in the business over the next three years. Vijay Shekhar, founder of the company,

India May Ban Cryptocurrency
Might launch ‘Laskhmi’ – its own version of Bitcoin If you are following world’s fintech industry, you might know that Bitcoin is the next big thing just like 4G was to Telecom or the Ecommerce is to sales business. But as with every technology or new innovation, there are clouds

HDFC Bank Launches $30 Million Startup Funds
HDFC Bank, India’s second largest private-sector bank, has launched special funds for startups. A total of $25 million – $ 30 million will be invested in helping new ventures raise capital. The bankers, who have confirmed the development, believe that this funding would be dynamic – which will start small

Spotify plans for Direct Listing as their next move.
Have a perfect pitch, aren’t getting the right attention from funders. Listen to what Spotify is setting the example as amidst high competition in the digital industry . They are on road to skip the traditional way of funding and want to show the business world that things can be

India has mushrooming startup ecosystem with whopping 1000 new tech ventures
India, as of now has more than 1000 startups from different sectors like advanced technology, health tech, fintech, edtech, e-commerce etc. reports Nasscom. There is significant growth of 75 percent and 40 percent in the Artificial Intelligence and Analytics field. More than 1000 startups have been registered in the year

Paytm Will Now Have Inbox Payment Features Via Chat
On Thursday, the online payment application announced the launch of their new messaging service called as ‘Inbox’. It’s an in-app based chat service which will provide consumer to chat, send and receive money to their friends and family. This speculation was first out earlier in August this year. With the

Google Finally Launched Tez, A Payment App In India
More digitized payment all over the country! Weeks after speculation and hearsay, the giant-tech company has finally launched their new venture about mobile payments in Asia. Google have released Tez, a new mobile wallet in India which will help users to connect their mobiles for bank account to pay for

Startups In India To Get 80% Rebate On Their Patent Fee
In today’s evolving world, starting a new venture from scratch is no less than building a space rocket ship. Various processes are involved which make a small company deliver bigger values. Any idea is not proprietary to the venture owner unless patented, there always a possibility that multiple companies work

Accelerators Aren’t Sufficient For Successful Startups, Are They?
Startups why do they fail? Y Combinator is the world’s most popular seed accelerator – it provides seed funding for the startups to accelerate them. After seed funding, Y Combinator holds different rounds of funding where companies invest for any of the startups they choose. The primary goal of Y

India’s most Trusted Motorplace Droom Raises $20M in Series C
Sandeep Agarwal and Rishab Malik together had founded Droom, an Online Automobile Marketplace. It rises $20M (INR 130 Crore) in Series C, which was led by the Integrated Asset Management & Digital Garage. The companies with high potential also find difficulties in hiring investors who are willing to invest. Still,