Current Affairs

January part3

▶ DIPP to release Ecommerce Policy soon, says Commerce Minister Suresh Prabhu. https://4-2.co/2TpGM7E

▶ IVCA, LocalCircles start survey to find startups served with #AngelTax notices. https://4-2.co/2UoZH2i

Rolls-Royce to launch accelerator programme for Indian deeptech startups. https://4-2.co/2BmH0FF

▶ Sachin Bansal invests $7 Mn in BAC Acquisitions. https://4-2.co/2SivuVc

▶ Some VCs opine ecommerce policy favouring large corporates. https://4-2.co/2ScySkF

 

OYO commits $50 Mn to expand footprint across Philippines. https://4-2.co/2SgXFE3

 

Paytm expands its travel biz with acquisition of NightStay. https://4-2.co/2HMTqfE

 

▶ FDI Ecommerce Circular: Business as usual with tweaked pacts say Flipkart, Amazon to sellers. https://4-2.co/2SckF7k

 

▶ Binny Bansal, Flipkart mafia lead $1 Mn seed funding in Crio. https://4-2.co/2sTcM8e

 

▶ iSPIRT Submits #AngelTax recommendations to DIPP. https://4-2.co/2sVAQYk

 

Company Founder
OYO Ritesh Agarwal
Nightstay Nasr Khan
Flipkart Binny Bansal, Sachin Bansal
Crio Binny Bansal

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▶ 75 Women entrepreneurs graduate under Walmart India’s WEDP- https://4-2.co/2BcFYvM

 

▶ Election Commission seeks ban on 'Political Ads' On social media 48 hours before polls. https://4-2.co/2sSBTbt

 

▶ SBI asks UIDAI to look into alleged misuse of #Aadhaar issuer IDs. https://4-2.co/2TfXmqs

 

Shoppers Stop seeks clarity on Amazon’s stake. https://4-2.co/2HDevsI

 

Bosch makes first venture investment in India with SimYog. https://4-2.co/2HDPkpN

 

Company Founder
Walmart Sam Walton
Bosch Robert Bosch
Simyog Dipanjan Gope

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Fireside Ventures makes six new investments- https://4-2.co/2sUzwF4

 

OYO to strengthen position in Indonesia by launching services in 100 cities. https://4-2.co/2HBKidF

 

PhonePe launches wealth management services for millennials! https://4-2.co/2G4Rhcr

 

▶ BSNL, Tata Motors ink M2M communication SIM deal to make Tata cars smart. https://4-2.co/2HxAOQx

 

▶ FDI Ecommerce Circular: Domestic cos oppose extension of Feb 1 deadline. https://4-2.co/2sPhCUb

 

Company Founder
Fireside ventures Kanwaljeet singh
Phonepe Sameer Nigam, Rahul Chari, Burzin Engineer

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Ola cuts down cash burn at foodpanda, to focus on cloud kitchens. https://4-2.co/2B5J0Si

 

▶ Exclusive: Health food vendor NutriTap raises seed funds from Apoorva Patni, others. https://4-2.co/2sQbpHt

 

▶ Zuckerberg plans next-gen integration of Facebook messenger, Whatsapp and Instagram. https://4-2.co/2S5WHKO

 

▶ NCLAT reserves order on CAIT’s petition against CCI approval of Walmart-Flipkart deal. https://4-2.co/2Hv9t19

 

▶ Hotel Lobby claims over 200 hotels end agreement with OYO. https://4-2.co/2Tg1nLB

 

 

 

 

Company Founder
OLA Bhavish Aggarwal, Ankit Bhati
Foodpanda Ralph Wenzel, Ben Bauer, Felix Plog, Rohit Chadda
Nutritap Rajesh Kumar

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▶ US voices concerns over India’s ecommerce restrictions. https://4-2.co/2sL4wr1

 

▶ Supreme Court backs Delhi HC stay on 2016 arrest of MakeMyTrip VP over tax arrears. https://4-2.co/2Hy9YaV

 

▶ Vijay Shekhar Sharma says Paytm Mall to continue, will get 15% GMV from wholesale arm. https://4-2.co/2B49IuG

 

▶ FDI Ecommerce Circular: Feb 1 deadline may be extended by two months. https://4-2.co/2sLfT2b

 

▶ Indian Govt may allow single-brand retail cos to get online faster. https://4-2.co/2SbjJQF

 

Google becomes one of India’s top advertisers with $154 Mn spent in 2018. https://4-2.co/2sIA8xt

 

▶ Bombay HC tells Maharashtra govt to speed up decision on Ola-Uber fare-fixing. https://4-2.co/2Hr8i2U

 

▶ Sequoia India launches #accelerator and #incubator programme-Surge. https://4-2.co/2FTL6ba

 

▶ Fireside, 3one4 Capital invest in Kapiva Ayurveda’s $2.3 Mn funding round. https://4-2.co/2AU3qh9

 

Google announces new policy for political ads ahead of Indian elections. https://4-2.co/2sIpqqC

 

OLX to double sales team in 2019 to bolster real estate ops. https://4-2.co/2AYuDPP

 

▶ Ahmedabad hotels group’s boycott of Swiggy, Zomato enters second week. https://4-2.co/2FX8Yum

 

▶ Sequoia India invests $6.2 Mn in fintech startup Groww. https://4-2.co/2sI7sVm

 

FreshMenu raises $1.64 Mn in funding round led by Lightspeed Ventures. https://4-2.co/2HqJCHG

 

Company Founder
Google Larry Page, Sergey Brin
OLX Fabrice Grinda, Alec Oxenford
FreshMenu Rahmi Daga

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▶ France fines Google $57 Mn under new EU Data Law: Here’s why- https://4-2.co/2sD8SAx

 

Microsoft India to empower handloom weavers with a dedicated ecommerce platform. https://4-2.co/2HrEwv3

 

▶ RBI encourages more payments companies to enter country’s fintech market. https://4-2.co/2HAmOVY

 

▶ Here are the five agritech startups joining Gastrotope’s first cohort. https://4-2.co/2FOmtww

 

Matrix Partners leads $1.8 Mn Pre-Series A round in LiquiLoans. https://4-2.co/2TbtgEA

 

 

Company Founders
Microsoft Bill Gates, Paul Allen
Gastrotope Rajesh Sawhney
Liquiloans Achal Mital

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Advantedge founders launches $42 Mn fund to invest in traveltech, logistics startups. https://4-2.co/2T7OG58

 

▶ Tamil Nadu govt launches startup policy, to set up startup fund. https://4-2.co/2FM7Vxr

 

Flipkart appoints new Head for Myntra Jabong’s fashion, lifestyle units. https://4-2.co/2FO6yyi

 

▶ Assam Incubation Centre to help startups accelerate growth. https://4-2.co/2S4EKwk

 

ShareChat bans 50K users as part of clean content drive! https://4-2.co/2T64t4u

Ola seeks to expand Ola Credit as an NBFC. https://4-2.co/2T4QXyd

 

 

Company Founders
Advantedge
Flipkart Binny Bansal, Sachin Bansal
ShareChat Farhid Ahsan, Bhanu Singh, Ankush Sachdeva
OLA Bhavish Agarwal, Ankit Bhati

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Copy of Current Affairs

By shavika

Copy of Current Affairs

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