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    How Indian Govt's Weak Stance On Data Privacy Has Allowed Startups Run Leaky Ships

    MobiKwik's data breach that exposed the personal information of 100Mn users have alarm bells ringing across regulators and government agencies As many potential IPO candidates in the startup ecosystem gear up towards a public listing, data protection is given a miss But even in the absence of a comprehensive digital privacy law, Indian tech startups need to...

    • 4 hrs ago
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    SaaS Startup Chargebee Becomes Unicorn, Triples Valuation In $125 Mn Series G

    Chargebee has raised its Series G funding from Sapphire Ventures, Tiger Global, Insight Venture Partners and Steadview Capital The SaaS platform helps automate revenue operations of subscription-based businesses and caters to more than 3,000 customers currently Demand for moving into a recurring revenue stream is expected to grow at a 17.5% CAGR over the next five...

    • 5 hrs ago
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    MakeMyTrip Designers On Setting Up And Scaling An Immersive Design System

    The design team had built an app that was not appropriately leveraging the power of the mobile phone. Mittal called it the 'breaking point' of MakeMyTrip's mobile app home page A design system is not a UI template; instead, it needs to be more definitive and must have its own values and principles Unlike the popular notion, Indians actually like it when more...

    • 7 hrs ago
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    PeeBuddy Maker Sirona Bags $3 Mn In Series A; Looks To Strengthen R&D

    NB Ventures and Indian Angel Network (IAN) participated in the Series A round Its product portfolio includes PeeBuddy, pain relief patches, degradable sanitary pads The feminine hygiene products market was valued at INR 3,266 Cr in 2020 Feminine hygiene products brand Sirona Hygiene has raised $3 Mn in a Series A funding round from NB Ventures and Indian Angel Network (IAN)...

    • 8 hrs ago
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    LIC Picks Paytm To Process Digital Payments For Premiums

    LIC has appointed Paytm to overhaul its digital payments systems Paytm was selected out of 17 payments platforms that applied to win the contract The PSU insurance provider gets roughly INR 60,000 Cr in digital payments for premiums annually State-run insurance behemoth Life Insurance Corporation of India (LIC) has reportedly appointed fintech unicorn Paytm to process digital payments for...

    • 9 hrs ago
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    Cryptocurrency This Week: Indian Short Film Lists As NFT On OpenSea, & More

    Production house Lekh-Haq has listed one of its short films, 'For Those That Watch Me Dream', as an NFT on OpenSea, the world's largest NFT marketplace NFTs are irreplaceable and immutable digital items, such as a piece of digital artwork, virtual accessories to be used in video games, or even real-world items such as collector's cards whose ownership...

    • 9 hrs ago
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    UPI Owns 73% Of India's Digital Payments Market In 2021; Up From 9% In 2018

    UPI payments grew 93% YoY to record transactions over INR 41 Lakh Cr in February 2021 The average ticket size of UPI increased 58% to INR 1,800- INR 1,900 in FY21, from INR 1,200 in FY18 UPI may dip in the coming months as lockdown-like situation may prevail in many states amid rising Covid cases Unified Payments Interface (UPI) has to be one of the biggest success...

    • 9 hrs ago
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    MPL Acquires Esports Tournament & Streaming Platform GamingMonk

    GamingMonk serves as a community for gamers, allowing them to participate in tournaments across esports titles such as FIFA, Counter-Strike and Call of Duty, also to stream these tournaments across web platforms This acquisition will allow MPL to accelerate bringing to market key national, regional and global tournament IPs and allow MPL to develop a full suite of esports and...

    • 13 hrs ago
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    Vijay Shekhar Sharma Backs Dating App TrulyMadly In Pre-Series A Round

    InMobi's Abhay Singhal and Piyush Shah, Nodwin Gaming's Akshat Rathee also participated in the round TrulyMadly had raised $1.1 Mn last year from Inflection Point Ventures, The Chennai Angels and AngelList As per its website, TrulyMadly has 8.5 Mn users and has made over 25 Mn matches Indian dating platform TrulyMadly, on Tuesday (April 20), announced that it is...

    • 14 hrs ago
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    ESOP And Captable Management Startup Qapita Raises $5 Mn

    Qapita helps private companies and startups record and manage capitalisation tables (cap tables) and employee stock ownership plans (ESOPs) The funds will be used to add engineering talent, accelerate product development and build clientele in India, Indonesia and Singapore Qapita competes with at least one other player, AngelList, which in June last year launched a cap table management...

    • 15 hrs ago