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    News Roundup: 11 Indian Startup News Stories That You Don't Want To Miss This Week [12-17 November 2018]

    Indian PM Narendra Modi says fintech can be used to combat financial crimes Ecommerce companies miss deadline for submitting their deposit tax deducted at source (TCS) The Surajpur District and Sessions Court has rejected the bail application of Roopak Jain, co-accused in the Paytm extortion case One of the biggest Indian startup news this...

    • 3 hrs ago
  • News

    Movers And Shakers Of The Week [12-17 November 2018]

    Flipkart co-founder Binny Bansal resigned from his position as the chief executive and chairman for Flipkart Group Walmart said that Bansal's decision to step down from the post came in after an independent investigation was done on behalf of Flipkart and Walmart Myntra-Jabong CEO Ananth Narayanan will continue to lead the team We bring to you the latest edition of Movers and Shakers. In...

    • 3 hrs ago
  • News

    Funding Galore: Indian Startup Funding Of The Week [12-17 November 2018]

    Retail tech startup Perpule raised $4.7 Mn in Series A funding from Prime Venture Partners Delhi-based sanitation startup Fresh Rooms raised $417K (INR 3 Cr) from an undisclosed angel investor This week, around $37.42 Mn funding was received by sectors including retail-tech, digital payments among others and three startup acquisitions took place in the Indian startup...

    • 4 hrs ago
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    Deep Kalra On Why Indian Startup Ecosystem Doesn't Produce Jack Mas and Mark Zuckerbergs

    "Unlike India, Chinese companies pass on the investment benefits back to their ecosystem," says Deep Kalra, CEO of MMT Kalra was speaking with Vaibhav Agrawal, CEO of Inc42, in a fireside chat at 'The Ecosystem Summit' Today, it's easier for foreign companies to be listed on Indian exchanges than it is for Indian companies In the...

    • yesterday
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    Jabong Merges Into Myntra, Ananth Narayanan Will Continue To Lead

    Myntra CEO will continue to lead Myntra's independence as a business will be "preserved" Jabong brand will also be retained Putting rest to all speculations, Myntra has finally issued its statement in media. According to a company statement, Myntra and Jabong will now fully integrate all the remaining functions including technology, marketing, category, revenue,...

    • yesterday
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    The State of The Indian Startup Ecosystem - Inc42's Ecosystem Report 2018

    Inc42 launches its flagship report - The State Of The Indian Startup Ecosystem 2018. This report takes a data-driven and comprehensive approach to analysing the startup ecosystem. While the report aims to drive strategic decision-making in governance, investments, growth, and other core pillars, it is also an indicator of things to come. For more updates on this report,...

    • yesterday
  • News

    Minister Suresh Prabhu Releases Inc42's 'The State of Indian Startup Ecosystem 2018' Report

    "If you know the baseline on which we stand today, we can always bring in improvement and the government is willing to support," says Minister Prabhu The report is an analysis to help drive strategic decision-making in governance, investments, growth, and other core aspects of the ecosystem The government is meeting top global funds on December...

    • yesterday
  • News

    After Effects Of Binny's Exit: Myntra Leads Resign, Flipkart Sr. Executives & Jabong Jobs At Risk

    Flipkart Group CEO Binny Bansal resigned last week over a personal misconduct issue raised by Walmart Following it, Myntra CEO and CFO is also expected to have resigned Potential lay-offs are further expected at Myntra-Jabong Image Credit: Netive Post the resignation of Flipkart Group CEO Binny Bansal over a 'personal misconduct' issue...

    • yesterday
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    Live Blog: The Influencers & The Disruptors Converge At The Ecosystem Summit 2018

    The Ecosystem Summit brings together the movers and shakers of the startup community under one roof Hosted at the Hyatt, Delhi, the event will feature interactive sessions on funding, unicorns, technologies, and more Stay tuned into the Inc42 website and Twitter channel for insights into India's complex and evolving startup scene Thirty speakers, 250...

    • yesterday
  • News

    India Best Destination For Fintech Companies And Startups, Says PM Modi

    PM Narendra Modi said that fintech can be used to combat financial crimes He also added that fintech can improve the human condition via its direct contact with the marginalised Modi was speaking at the Singapore Fintech Fest on November 14 Prime Minister Narendra Modi said that fintech can be used to fight against global financial crimes. While speaking at the Singapore...

    • 2 days ago

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