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    Tiger Global And Freshworks Shook Hands In The Air - And It Was A Done Deal: Girish Mathrubootham

    "We shook hands in the air and started with due diligence," says Girish Mathrubootham, on Tiger Global's investment in his Software-as-a-Service (SaaS) startup Freshworks. Taking a leap of faith from a regular job to a journey of entrepreneurship, Girish, along with Shan Krishnasamy, founded Freshdesk (now Freshworks) in 2010 as a...

    • 11 hrs ago
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    Startup 101: Here's Your Step-By-Step Guide To Product Development

    "The product that wins is the one that bridges customers to the future, not the one that requires a giant leap." - Aaron Levie, an American entrepreneur, co-founder, and CEO of enterprise cloud company Box. The growth of entrepreneurship in India has resulted in a plethora of startups and many of them have turned into successful, large companies, providing high-value...

    • 12 hrs ago
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    Japanese Entrepreneur To Fly To The Moon, FB To Improve Security Before US Midterm Election, And More: News From Tech & Startup World [September 17-23]

    We've kept you updated on the happenings in the Indian startup ecosystem. With the week coming to a close, it's time to catch up on the important updates in the tech and startup ecosystem around the world. Lately, Tesla CEO Elon Musk has spawned many controversies due to his reckless...

    • 13 hrs ago
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    Here Is How Amazon-Samara Capital Are Betting On Aditya Birla's More

    Image Credit: diarioretailsudamericabusiness While global retailer Walmart acquired Flipkart after months of deliberation and market speculations, the recent reports of global ecommerce giant Amazon and private equity fund Samara Capital's acquisition of Aditya Birla's retail chain More had surfaced in last one month and have been successfully closed as well....

    • yesterday
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    Cryptocurrency This Week: Bitcoin Exchange Zaif Hacked For $60 Mn, RBI's Submission And More

    The cryptocurrency market slowdown continued this week as well. For Indian cryptocurrency investors, the issues are not only pertaining to the legal fight against the RBI circular dated April 6, but also the aftereffects of P2P crypto transactions. Over 800 cryptocurrencies are now as good as dead, and it hard to invest in anything but Bitcoin. ...

    • yesterday
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    Zomato Records Strong Growth For FY18 With 40% Growth In Revenues

    With huge fund infusions expected- from SoftBank, CTrip etc- in Indian foodtech unicorn Zomato, the company looks right on path for the huge bets these global giants want to make with 40% growth in its revenues for FY18 to $64.49 Mn (INR 466 Cr). The documents filed with the Registrar of Companies showed that the company controlled its losses by almost 73% to come in at $14.67 Mn...

    • yesterday
  • News

    ICICI Bank Acquires 8.85% Stake In Avenues Payment

    ICICI Bank has reportedly acquired a 8.85% stake in Mumbai-based Avenues Payment India Private Limited. The move aims at promoting adoption of digital cross border remittance platforms for corporate and retail customers. The deal size is said to be $1.3 Mn (INR 10 Cr) and is expected to get complete by the end of October this year. The bank does not require regulatory approval since the...

    • yesterday
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    Facebook, Whatsapp Are Accountable For Fake News, Not Users: Telecom Secretary

    In order to curb the fake news from spreading, the Indian government is considering to make social media platforms like Facebook, Whatsapp responsible to keep its platform safe from harmful content rather than holding the users accountable, according to Aruna Sundararajan, secretary, department of telecommunications (DoT). Sundarajan also added that major social...

    • yesterday
  • News

    Foreign Companies Want A Voice In India's Ecommerce Policy

    While the government has decided to drop the first draft of ecommerce policy and set up a committee of secretaries to decide on a new set of recommendations, the second draft was expected to come out in September 2018. Amid such discussions, foreign companies have now approached the government to be consulted by the committee for the policy. During the initial round of discussions, the...

    • yesterday
  • News

    Movers And Shakers Of The Week [17-22 September 2018]

    We bring to you the latest edition of Movers and Shakers of the Week. This week a lot of rejigging happened at some leading names of the country. Walmart is reportedly bringing four of its executives to the team of Indian ecommerce unicorn, Flipkart. Emily McNeal who is the current Mergers and Acquisitions (M&A) Head at the Walmart will be joining Flipkart as senior vice president and...

    • 2 days ago

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