Startups
“Paytm’s Strategic Move: 5 Banks in Talks for UPI Transactions Amid RBI Directive”
In the evolving landscape of India’s digital payment sector, Paytm, facing the Reserve Bank of India’s (RBI) directive to wind down its banking unit by March 15, is exploring strategic partnerships with major banks for Unified Payments Interface (UPI) transactions. Sources indicate that Paytm is in talks with Axis Bank, HDFC Bank, State Bank of […]
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“IRCTC’s Culinary Upgrade: 5 Key Points About the Swiggy Partnership”
In a strategic move to enhance the dining experience for train passengers, the Indian Railway Catering and Tourism Corporation (IRCTC) has recently announced its collaboration with Swiggy Foods. This partnership aims to facilitate the supply and delivery of pre-ordered meals through IRCTC’s e-catering portal. As part of the initial phase, this innovative food delivery service […]
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Praan’s Impact: Revolutionizing India’s Cleantech with MKII – 8X Filtration, $2M Raised, and Series A Ahead
Praan, founded by Angad Daryani, is making strides in India’s cleantech space by offering filterless air purifiers designed for industrial use and outdoor environments. In a country grappling with severe air pollution, particularly in metropolitan areas like Delhi and Mumbai, Praan aims to create safe breathing zones. India currently ranks fifth among the world’s […]
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Jammu and Kashmir’s new startup policy for 2,000 Startups
The Jammu and Kashmir administration has recently given its nod to a new startup policy aimed at establishing 2,000 startups in the Union Territory by 2027. This initiative, approved by the Administrative Council under the leadership of Lieutenant Governor Manoj Sinha, seeks to foster entrepreneurship by providing facilities to students, women, and support to entrepreneurs […]
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Exclusive: Dunzo is in Ongoing Talks to be Acquired by Flipkart
Walmart-backed Flipkart is currently engaged in discussions regarding the potential acquisition of Dunzo, an on-demand delivery platform. Despite the ongoing talks, the intricacies surrounding Dunzo’s ownership structure have become a stumbling block, preventing the two parties from reaching a conclusive deal, according to the report. Interestingly, Dunzo has refuted claims of any acquisition discussions. Dunzo, […]
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Canada, Dubai, and Ireland: Emerging Hubs for Global Entrepreneurs Pursuing Startup Visa Programme in 2024
In the dynamic realm of startups, Startup Visa Programme for young entrepreneurs often grapple with challenges in their home countries, such as financial constraints and a scarcity of skilled workers. Seeking to overcome these obstacles, an increasing number of ambitious individuals are turning their attention to startup visa programs in countries known for their simplicity, […]
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Harness the Sun: Your Guide to the PM Suryodaya Yojana – Empower Your Home with Solar Energy!
Are you ready to make a sustainable switch and reduce your electricity bills? The Government’s PM Suryodaya Yojana (Rooftop Solar Scheme) is paving the way for a greener tomorrow, and we’re here to guide you through the application process! Follow these simple steps to apply for the PM Surya Ghar Yojana and embrace solar energy: […]
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“Empowering Tech Pioneers: DoT’s Shark Tank-Style Initiative Connects Startups with VCs for Advanced Tech Growth
Department of Telecommunications (DoT) has initiated a Shark Tank-style funding initiative focused on startups engaged in advanced technologies. Acting as a facilitator, the DoT aims to connect startups with venture capitalists (VCs), providing exposure and funding opportunities to scale up their operations. The motivation behind this initiative is clear – fostering the growth of Micro, […]
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Gujarat’s Startup Industry Ranks 2nd in Generating Employment
Gujarat’s thriving entrepreneurial spirit and rapidly growing startup ecosystem have positioned the state as a significant contributor to job creation. In 2023 alone, startups in Gujarat employed 48,138 individuals, marking the state’s second-highest job creation in the country, trailing only Maharashtra, where startups generated 64,974 jobs during the same period. The Department of Promotion for […]
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“Government’s Examination of Chinese Investments in Paytm: 5 Key Developments Unfold
The Indian government is currently scrutinizing the foreign direct investment (FDI) from China in Paytm Payments Services Ltd (PPSL), the payment aggregator subsidiary of One97 Communications Ltd. PPSL had initially applied for a license with the Reserve Bank of India (RBI) in November 2020, but the application was rejected in November 2022. The RBI requested […]
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