Current Affairs

April 2019 Part 1

WhatsApp cannibalising Facebook, Instagram revenues, says Zuckerberg https://4-2.co/2GMyUch

 

▶ Walmart’s latest ‘Lab’ showcases the future of retail https://4-2.co/2XPdZuJ

 

▶ Women account for only a fifth of India’s startup workforce: report https://4-2.co/2Waog4g

 

▶ Xiaomi launches electric bike Himo T1 in China https://4-2.co/2GOIuLO

Company Founder(s)
WhatsApp  Brian Acton , Jan Koum

Brian Acton

Jan Koum

Founders

Logo of WhatsApp

Himo T1

▶ Funding galore: Indian startup funding of the week https://4-2.co/2IWANVi

 

▶ Movers and shakers of the week https://4-2.co/2J4QLNn

 

▶ RBI approves e-Mandates for Internet banking, Debit cards https://4-2.co/2ISpeyu

 

▶ Ride-hailing giant Uber seeks $8 Bn-$10 Bn IPO in May https://4-2.co/2DxWUy0 

 

Company Founder(s)
Uber Garrett Camp
Travis Kalanick

Garrett Camp
 

Travis Kalanick

▶ Amazon gets faster! says will slash Prime delivery time to a single day

https://4-2.co/2W8FE9I 

 

▶ Telangana govt to release EV policy after the Lok Sabha elections https://4-2.co/2J3iEp3

 

Google employees allege that the company is retaliating against them for Nov protests https://4-2.co/2XIth4t

 

▶ Amazon overcomes slowdown in India to post revenue growth in Q1 https://4-2.co/2vw1atv

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Company Founder(s)
Google Larry Page , Sergey Brin 

Larry Page

Sergey Brin

Quikr acquires used goods marketplace Zefo https://4-2.co/2vrfdA9

 

▶ Plagued by data breaches, Facebook expects to be hit $5 Bn in fines https://4-2.co/2W49Jax

 

▶ Agritech focused VC Omnivore closes second fund at $97 Mn https://4-2.co/2XG6OoL

 

▶ Amazon India changes seller commission structure to control cash burn https://4-2.co/2J25nx1 

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Company  Founder(s)
Quikr Pranay Chulet , Jiby Thomas 
Zefo Arjit Gupta, Rohit Ramasubramanian, Himesh Joshi , Karan Gupta

Pranay Chulet

Jiby Thomas

Nilekani-led RBI panel to recommend making all govt payments digital https://lnkd.in/g-zYJFF

 

▶ Exclusive: Sequoia, Naspers, Venture Highway invest INR 104 Cr in Quick Ride https://4-2.co/2WcltHK

 

▶ Madras High Court lifts ban on TikTok app https://lnkd.in/gSftv3g

 

▶ Agritech startup Ninjacart secures $89 Mn from Tiger Global https://4-2.co/2IEJKTY

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Company Founder(s)
Naspers Bob van Dijk 
Ninjacart Ashutosh Vikram, Kartheeswaran K K, Sharath Loganathan, Thirukumaran Nagarajan, Vasudevan

Bob van Dijk

Thirukumaran Nagarajan

Nandan Nilekani

Mobile Premier League raises $35.5 Mn funding from Sequoia, Times Internet and more https://4-2.co/2IFaIKX

 

▶ A meeting of giants: Why SoftBank wants a piece of Reliance Jio https://lnkd.in/gQTTvQJ

 

▶ Masayoshi Son lost $130 Mn after getting caught up in Bitcoin mania https://lnkd.in/gnNxk-A

 

Spotify to remove entire Saregama catalogue from its platform https://lnkd.in/gh9dths

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Company Founder(s)
Mobile Premier League Sai Srinivas Kiran G , Shubham Malhotra
Times Internet falls under The Times Group
Spotify Daniel Ek; Martin Lorentzon

Sai Srinivas Kiran G and Shubam Malhotra

Daniel Ek and Martin Lorentzon

Mayfield and Axilor invest $3 Mn in payments platform EnKash https://lnkd.in/gJhg3wM

 

▶ NITI Aayog asks Oil Ministry to set up EV charging infrastructure at fuel stations https://lnkd.in/gDVfYjW

 

ZestMoney tops up $20 Mn to broaden its technology focus https://4-2.co/2IPK2GO

 

mfine raises $17.2 Mn to expand its healthcare network https://4-2.co/2DnHVGL 

Company Founder(s)
Mayfield William F. Miller, Thomas J. Davis Jr.
Axilor Kris Gopalakrishnan, S. D. Shibulal, Tarun Khanna, Srinath Batni, Ganapathy Venugopal
Zestmoney Lizzie Chapman, Ashish Anantharaman and Priya Sharma
mfine Ashutosh Lawania  ,  Prasad Kompalli

Logos

William F. Miller

Kris Gopalakrishnan

Ganapathy Venugopal

Lizzie Chapman, Ashish Anantharaman and Priya Sharma

Text

Ashutosh Lawania and Prasad Kompalli

▶ Edtech startup DoubtNut raises $3.3 Mn funding led by Sequoia’s Surge https://4-2.co/2Dvg5Z2 

 

Ola says usage-based incentive necessary for driving India’s emobility goals https://4-2.co/2IAw7oH

 

▶ Walmart investigates allegations of graft at Flipkart warehouses https://4-2.co/2GAitj6

 

▶ RailYatri applies for a license to sell train tickets after High Court ruling https://lnkd.in/fsYQcxT 

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Company  Founder(s)
DoubtNut Aditya Shankar, Tanushree Nagori
Ola Bhavish Aggarwal, Ankit Bhati

Aditya Shankar and

Tanushree Nagori

Bhavish Aggarwal

 and

Ankit Bhati

Apple will ramp up iPhone production in India beat heavy import duties, lower prices

https://lnkd.in/feHcQbr 

 

▶ Elon Musk promises a million “Self-Driving Robotaxis” by 2020 https://4-2.co/2XxByIs

 

▶ TikTok Ban: Supreme Court gives Madras Court two days for final decision https://4-2.co/2W1W5ES

 

▶ Paytm Mall turns to eBay to arrest sliding ecommerce market share, sales https://4-2.co/2IA75G9

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Company Founder(s)
Apple Steve Jobs, Steve Wozniak, Ronald Wayne
e-Bay Pierre Omidyar

Pierre Omidyar

 ▶ Ola may offer subscription service for luxury car rentals: reports https://4-2.co/2IzTH4Q 

 

▶ Stop streaming web series on PM Modi, Election Commission tells Eros Now https://4-2.co/2IynbAm

 

▶ TRAI looks to ensure level playing field between Telcos and OTT players https://4-2.co/2XyXyCU

 

▶ Ola and Foodpanda might be heading for a senior level rejig: report https://4-2.co/2GAecfK 

 

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owned and controlled by Eros Digital

▶ Japanese healthtech co M3 picks up majority stake in DailyRounds https://4-2.co/2GyDmv2

 

▶ Bike rental startup Bounce raises $3 Mn from InnoVen Capital https://4-2.co/2ICUAK6

 

▶ Homigo fraud case transferred to CCB, founders still absconding https://4-2.co/2GyEChK

 

▶ Despite TikTok scrutiny, ByteDance to invest $1 Bn in India https://4-2.co/2XnzKSf

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Company Founder(s)
M3
Bounce Vivekananda Hallekare, Varun Agni and Anil G,

Vivekananda Hallekare, Varun Agni and Anil G,

Sixth Sense Ventures invests $3 Mn in healthcare startup MyHealthcare https://4-2.co/2IvvWer 

 

▶ Meet the 8 Indian startups from first cohort of Sequoia Surge https://4-2.co/2Dma6Wl 

 

▶ With regulatory Sandbox, RBI looks to create Innovation Test Lab for Fintech https://4-2.co/2GvADCF

 

▶ Railways Ministry plans INR 1500 Cr IRCTC, IRFC IPO by September https://4-2.co/2XpvUYM 

 

Founder : Nikhil Vora

Flipkart CEO Kalyan Krishnamurthy denies exit report; Says he’s fully committed for the long term

https://4-2.co/2Xs4GRc

 

▶ Facebook admits to harvesting email contacts of 1.5 Mn users without consent https://4-2.co/2IF5EWn

 

▶ To ensure safe elections, ShareChat suspends 54K accounts for violating guidelines https://4-2.co/2IzLBZo

 

▶ Justdial says data leak affecting 100 Mn users fixed, but security researcher disputes claims https://4-2.co/2ICzavI 

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Company Founder(s)
Flipkart Binny Bansal, Sachin Bansal
Sharechat Farid Ahsan, Ankush Sachdeva, Bhanu Singh

Sachin Bansal , Binny Bansal

Farid Ahsan,

 Bhanu Singh ,

 Ankush Sachdeva,

▶ Original content in India driving new subscriptions, Netflix tells investors https://4-2.co/2VTdrDy

 

▶ Amazon winds down China marketplace business in face of stiff competition https://4-2.co/2VU9mPB

 

Hotstar hikes monthly subscription to INR 299 to capitalize on IPL, Game Of Thrones mania https://4-2.co/2IFXFbp

 

▶ Amazon could offer credit options in India to boost premium smartphone sales https://4-2.co/2GtKysi

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Company Founder(s)
Netflix Reed Hastings
Hotstar Parent company is Star India

Reed Hastings

▶ In Ecommerce war, Reliance is banking on exclusivity and pulling partner brands from Amazon, Flipkart https://4-2.co/2XitWcK

 

▶ After Google, Apple removes TikTok from its App Store https://lnkd.in/gNawjpH

 

▶ Supply chain management startup Increff raises $3 Mn from Binny Bansal, 021 Capital

https://lnkd.in/gAcF3mm

 

Hike leverages AI and Machine Learning in revamped sticker chat app https://4-2.co/2VJRtD3

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Company Founder(s)
Increff Romil Jain , Rajul Jain , Anshuman Agarwal
Hike Kavin Bharti Mittal

Romil Jain ,

Rajul Jain ,

Anshuman Agarwal

Kavin Bharti Mittal

▶ Jio Infocomm seeks In-flight connectivity license from DOT https://4-2.co/2IpvXAv

 

▶ Delhi HC stays its 2018 order to restore ShopClues’ Intermediary Status https://4-2.co/2DhL7Ue

 

▶ Indian Govt asks Apple & Google to ban TikTok from app stores https://lnkd.in/gZYwn58

 

Amazon could challenge Spotify, YouTube Music with free streaming service https://lnkd.in/gU6SChF

 

Routematic raises $2.5 Mn as it looks to build an EV network for smart cities https://lnkd.in/ggxYN6B

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Company Founder(s)
Amazon Jeff Bezos
Routematic Surajit Das

Jeff Bezos

Surajit Das

▶ Karan Bajaj’s WhiteHat Jr picks up $1.3 Mn seed funding to teach the next generation of coders https://lnkd.in/g2Pev_6

 

BookMyShow invests in cashless payments platform AtomX https://lnkd.in/gQCjNUH

 

NPCI looks to enable Blockchain-based digital payments https://4-2.co/2IA0Lho

 

▶ No relief for TikTok, Supreme Court refuses to stay ban on TikTok downloads

https://4-2.co/2IA3reW 

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Company Founder(s) / Expansion
BookMyShow Ashish Hemrajani
NPCI National Payments Corporation of India

Ashish Hemrajani

YouTube brings Breaking News section, Top News and fact-check cards to India https://4-2.co/2XcLCGI 

 

Cred raising $100 Mn from Hillhouse Capital, existing investors: report https://4-2.co/2Il1S5a

 

▶ Ola, Uber cab registrations in Maharashtra to restart from today https://4-2.co/2GlJerq

 

CarDekho reports 62% hike in its FY19 revenue https://4-2.co/2Xe1mJn

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Company Founder(s)
YouTube Chad Hurley, Steve Chen and Jawed Karim
Cred Kunal Shah
CarDekho Amit Jain , Anurag Jain

Chad Hurley,

Steve Chen ,

 Jawed Karim

Kunal Shah

Amit Jain and Anurag Jain

▶ Sachin Bansal likely to acquiring a Bengaluru-based microfinance firm https://4-2.co/2VG3iKy

 

▶ It’s official: PayU acquires online payments processor Wibmo for $70 Mn https://4-2.co/2Gizpe7

 

▶ DSG, Akatsuki fund invest $2 mn in merchandise maker Planet Superheroes https://4-2.co/2IdbOgZ

 

▶ Angel tax is close to an end: 277 Startups get I-T clearances https://4-2.co/2IrXgte

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Company Founder(s)
PayU Nitin Gupta, Martin Schrimpff, Arjan Bakker, Jose Velez, Shailaz Nag, Grzegorz Brochocki
Wibmo Govind Setlur , Veena Mistry
Akatsuki Genki Shiota, Tetsuro Kouda 

Nitin Gupta

Martin Schrimpff

Shailaz Nag

Govind Setlur

Jose Velez

Tetsuro Kouda , Genki Shiota

▶ With $3.6 Mn in fresh funding, Tripoto makes new travel plans https://4-2.co/2GjVskt

 

Uber files for one of the biggest IPO in years, But warns it may never make a profit https://4-2.co/2GjfZFR

 

▶ WhatsApp may take 5 months to comply with data localisation norms: report https://4-2.co/2IyaBzY

 

 

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Company Founder(s)
Tripoto Anirudh Gupta , Michael Lyngdoh
Uber Garrett Camp
Travis Kalanick

Garrett Camp
 

Travis Kalanick

Anirudh Gupta , Michael Lyngdoh

Title Text

Copy of Current AffairsApril 2019 Part 1

By muralikrishnan_p

Copy of Current AffairsApril 2019 Part 1

Study this for the Quiz on 13-06-2019. Go through all the keywords in red colour and search them on wikipedia, make a note of the founders, logo, purpose, subsidiaries, parent company, acquisitions, and everything important

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