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    Ecommerce Firm Flipkart Eyes Strategic Partnership With Online Ticketing Platform BookMyShow

    Ecommerce company Flipkart is reportedly looking to forge a strategic partnership with online ticketing platform, BookMyShow. The move, according to sources, is aimed at developing an integrated services vertical by bolstering Flipkart's entertainment and payment offerings against rivals Amazon and Paytm.

    • yesterday
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    After Losing Out To Flipkart During Festive Sale, Amazon Fuels $250 Mn In Amazon Seller Services

    Just over three months after pouring $260 Mn (INR 1,680 Cr) into Amazon Seller Services, ecommerce behemoth Amazon has infused another $250 Mn (INR 1,620 Cr) in the India-based seller operations unit to tackle competition from rival Flipkart. The latest investment comes at a time when the US-based company is gearing up to infuse fresh funding in...

    • yesterday
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    Global Tech Giant Apple Eager To Enter The Indian Digital Payments Segment With Apple Pay

    Following the footsteps of Amazon, Flipkart, WhatsApp, Hike and others, US-headquartered technology company Apple is also looking to enter the booming digital payments space in India with Apple Pay. To that end, the tech giant is reportedly preparing to partner with local players that already have an established presence in the country.

    • yesterday
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    India Fintech Forum Selects 20 Global Startups For 'The India Fintech Awards' Demo Day

    The India Fintech Awards, an initiative of India Fintech Forum has selected 20 startups from seven countries to participate in the Demo Day. The list includes startups from countries such as the US, Israel, Portugal, Belgium, UK, Singapore, and India. The India Fintech Forum is a non-profit initiative that offers a platform for fintech companies to...

    • yesterday
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    Gyanendra Badgaiyan To Head Lobby Group Indiatech Launched By Flipkart, Ola, Others

    Former Indian Administrative Service (IAS) officer and economist Gyanendra Badgaiyan has been roped in as the CEO of Indiatech.org, the think-tank and lobby group set up by home grown Internet companies like Flipkart and Ola, as per sources close to the development. After Gyanendra Badgaiyan joins in the next few weeks, the lobby group is expected to start...

    • yesterday
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    Micro Lending Platform KrazyBee Sweeps $8 Mn Series A Funding From Xiaomi, Shunwei Capital

    Bengaluru-based micro lending platform KrazyBee has raised $8 Mn Series A equity and debt financing led by Xiaomi Technologies and Shunwei Capital. The round also saw participation from E-city Ventures and RK Group. The newly-raised capital will be used for strengthening the company's risk model and core algorithm, geared towards catering to new...

    • yesterday
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    Nearly 500 Mn PC Users Unknowingly Contribute To Mining Cryptocurrency

    Computer hardware is costly, and so is mining cryptocurrency these days. Skipping these hardware issues, miners have now found a new way of mining, by attaching parasite-scripts to various websites. According to an adblocking firm AdGuard, almost 220 popular websites are currently home to these parasite-scripts.

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    Wholesale Retailer Metro Cash And Carry To Foray Into B2B Ecommerce

    Bengaluru-headquartered wholesale retail service provider Metro Cash And Carry will soon foray into ecommerce with the B2B model. "In the next 60 to 90 days, before the end of this year, we would be starting our new ecommerce solutions," Metro Cash & Carry India chief executive and managing director Arvind Mediratta told PTI.

    • yesterday
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    Auto Insurance Aggregator RenewBuy Raises $9.2 Mn From Amicus Capital Partners

    Gurugram-headquartered auto insurance aggregator RenewBuy has raised $9.2 Mn (INR 60 Cr) from Bengaluru-based growth-stage PE firm, Amicus Capital Partners. The investment is part of Amicus Capital's maiden private equity fund which made its first close at $200 Mn in December 2016.

    • yesterday
  • News

    9 Months, 3.5K Contracts: How LegalTech Startup SpotDraft Is Using AI To Bring In The Tech In Legal

    "Ultimately lawyers are like programmers, only difference being, they code/write in legal language, which in most cases is English," says Shashank Bijapur, co-founder of AI driven legaltech startup SpotDraft and a former Wall Street Lawyer. It is this belief which led Shashank, a Harvard Law School graduate, from the echelons of Wall...

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