On October 2014, Fatema Mahableshwarwala & Khushali Shah started a YouTube channel named Simply Jain, which is dedicated to Jain recipes strictly restricting the use of vegetables grown underground in their cuisines.

Initially when they started off, other cookery channels such as Tarla Dalal, Sanjeev Kapoor, Rajshri Food shared few Jain dishes but did not have a niche space created especially for Jain users. The creators Fatema & Khushali grabbed the opportunity to explore this niche space, with an aim to create and represent Jain culture on a bigger platform. Noticing the plethora of innovative cuisines created for Jains, multiple…

November 30, 2020

Traders body CAIT (Confederation of All India Traders), which has been campaigning against Amazon and Flipkart for unethical business practices, wrote a letter to PM Modi on Sunday seeking a “strong action” against these organizations for violation of FDI policies by them.


CAIT claimed that various government authorities have failed to protect and regulate the policy and law of government. Hence, the absence of strict action has become a hindrance for small businesses and MSMEs to run their business online.

Since last year, CAIT has been alleging that despite continuous claims by e-commerce giants complying with the FDI norms, the…

November 29, 2020

As a result of raging pandemic leading to an uncertain environment, the year witnessed a fall in number of new global investors funding the Indian startups, as compared to 2019. The number of new overseas investors fell to 24, from 71 last year.

Countries like Germany, South Korea, Hong Kong and Switzerland from where investors were observed backing multiple startups last year, didn’t witness any such commitments this year. Investment from Chinese investors also fell from 5 last year to 2 since the change in investment norms from which India shares land border with.

Analysts however, believe that the pace…

November 28, 2020

The Union road transport ministry on Thursday issued the Motor Vehicle Aggregator Guidelines 2020 to establish a regulatory framework for companies like Uber and Ola. The guidelines mandate that surge price by aggregators shall not be more than 1.5 times the base city taxi fare fixed by respective state governments. Also, they cannot offer a discount that is 50% more than the base fare.


Hence from now onwards, aggregators like Ola and Uber won’t be able to raise funds arbitrarily when the demand is high. Also, the guidelines have made it mandatory that no aggregator will be able to do…

November 27, 2020

Flipkart Wholesale made an announcement on Thursday stating to be in the final stages of the consolidation of Walmart India’s operations. After acquiring Walmart back in July for an undisclosed amount, Flipkart had introduced “Flipkart Wholesale”, to enter in India’s $650 billion B2B retail market.


During a town hall meet on Thursday, Flipkart Wholesale Head and Senior Vice-President Adarsh Menon said that Flipkart Wholesale is committed to upscale and provide expertise to customers such as MSMEs, Kiranas and HoReCas. He also shared company’s focus on transforming B2B marketplace through technology, and value proposition to aid under-severed businesses along with the…

November 26, 2020

Indian tech startups are gradually moving ahead to the road of recovery. As per the second Startup Pulse Survey by released by Nasscom on Wednesday, more than 53% of the technology startups in the country are expecting to attain pre-COVID level revenue in less than six months.


Sectors such as Ed-tech, health-tech, software-as-a-service and small businesses have continued to attract investment during lockdown, as COVID-19 has opened new doors of opportunities for these segments. …

November 25, 2020

Cars24, India’s leading online marketplace for buying and selling used vehicles has joined the Unicorn club with a valuation of $1 billion. The Gurugram based startup has raised $200 million in a series E funding round led by DST global with contribution of existing investors including Exor Seeds, Moore Strategic Ventures and Unbound, making Cars24 the first Indian startup in the automotive sector to achieve the Unicorn status. With the new funds, the company plans to invest aggressively in new technology, product innovation, hire more talent and to scale new business verticals.


Founded in 2015 by Vikram Chopra, Ruchit Agarwal…

November 24, 2020

On Monday, Union Minister for Electronics and Information Technology, Communications, Law & Justice Ravi Shankar Prasad launched an international version of the E-governance App UMANG. The app was launched in 2017 by Prime Minister Narendra Modi that provides citizens an easy access to 2039 services from 189 government departments including 88 central and 101 state government divisions.


The international version “UMANG International” was launched to celebrate the three year anniversary of the App. UMANG International aims to aid Indian international students, NRIs and Indian tourists abroad to avail services of government of India, anytime. The international version has been launched…

November 23, 2020

Google has started the testing of ‘task mate’, an app that would let the users perform tasks through their smartphones and earn money in return. The crowdsourcing app would provide access to various ‘simple’ tasks such as taking pictures of a nearby restaurant, transcribing, translating text and more. These different tasks would be categorized mainly as “sitting” or “field” and would be laid out by Google or any of its affiliated business.


Unlike the company’s Opinion rewards app that provides users Play Store credits in exchange for answering questions, Task Mate would let users earn money in their local currency…

November 22, 2020

Bharti Airtel Ltd has acquired 5.2% stake in Avaada MHBuldhana Pvt Ltd., for an amount of Rs 4.55 crore. A subsidiary of Avaada Energy Pvt Ltd., Avaada MHBuldhana Pvt Ltd is a recently established entity, which is focused on producing & transmitting solar energy along with other forms of renewable resources.


On Friday, Bharti Airtel in a trade recording said that the newly established entity will get operational by March next year and thus, there was no income generated as on 31st March, 2020. The acquisition has occurred in all- cash and is expected to complete by March 2021.


Bleeding Age: For Entrepreneurs

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