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Inspiring entrepreneurs
“Life cannot just be about solving one sad problem after another. There need to be things that inspire you, that make you glad to wake up in the morning and be part of humanity. That is why we did it. We did for you.” - Elon Musk tweeted on that remarkable day. This tweet defines who Elon Musk is and...
latest startup news - entrepreneurs of India
Despite a section of government raising concerns over Walmart taking control over homegrown ecommerce player Flipkart, the deal between the two companies is likely go through within a few days. A section of high profile government officials have shared their worries over the deal, arguing that Walmart is exploiting a policy loophole. “The operation of the marketplace model is...
Latest Startup News- Entrepreneurs of India
Ecommerce major Amazon has invested ₹144 crore in Capital Float,a platform that provides financial backup for small and medium enterprises (SMEs) through a series C funding round. The total funding raised by Capital Float company is now nearly $110 million. Founded in 2013 by Stanford University alumni Sashank Rishyasringa and Gaurav Hinduja, Capital Float provides short terms working capital to...
Startup news- entrepreneurs of India
Amid the tough time when digital wallets face a roadblock due to RBI’s latest Know-your-customer (KYC) norms, the largest online payment service in the country, Paytm has said it has 100 million KYC-compliant customers.   The Noida-based company has been able to make 45% of its m-wallet users KYC-compliant due to its aggressive offline drive. Paytm’s total registered user base...
Startup News- Entrepreneurs of India
The latest Know-Your-Customer (KYC) norms of RBI have deeply impacted the mobile wallets of the country. Various reports suggested there has been a massive fall in the number of wallet users since RBI introduced the latest KYC norms. Moreover, cash transactions have come back to the system as there are security concerns over digital transactions. Various industry sources pegged...
Latest startup news- entrepreneurs of India
Amazon’s CEO Jeff Bezos said his company is the fastest growing marketplace in India. He also said Amazon’s Prime service witnessed fastest adoption in India. The company has been adopting different strategies to outperform homegrown rival Flipkart. Bezos highlighted the performance in India among the 16 milestones that the company has achieved in a letter to the stakeholders of...
Inspiring entrepreneurs
In Mumbai, the city of dreams, stands the magnificent Antilia. It holds the distinction of being the world’s most expensive house with a net value of $2 billion. Before stopping by to appreciate its elegant architecture and mesmerising design, the first thing one might notice is its height. The house, an epitome of luxury, stands tall in the middle...
latest startup news - entrepreneurs of India
Homegrown cab aggregator Ola is in talks with Bangalore-based dockless scooter and motorcycle sharing startup Vogo to lead an investment round as the segment gets much hype and wide response globally.   According to reports,early-stage investors Stellaris Venture Partners and Matrix Partners will also be participating in the first institutional funding in the company. While the startup is likely to...
latest startup news - entrepreneurs of India
Walmart is going to buy the stakes of many key investors of Flipkart. The move is part of Flipkart’s latest deal with Walmart. According to reports, a number of Flipkart’s investors have agreed to sell their stakes to Walmart. Walmart has reached an agreement on buying the stakes of New York-based investment firm Tiger Global Management, South African media...
Startup news - entrepreneurs of India
To counter Amazon’s move to attract sellers with lower marketplace commissions, homegrown e-tailer Flipkart is  is bringing in new changes to its seller policy. The changes will largely see cuts in commissions for lower priced products, which will be applicable from April 16. Amazon's new policy will be effective from April 19. Flipkart's new seller policies, will see third-party merchants reduce...

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