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…

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…

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…

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…

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…

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…

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. …

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. …

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., …