Indian Startups Are Not As Disruptive As Overseas Startups, Says Ratan Tata

1 month ago
The Indian startup ecosystem has attracted numerous global investors, yet not enough to convince India's business mogul Ratan Tata. Having invested in over 39 startups, Ratan Tata believes that the domestic startups have a long journey to go, as far as  ... ...

RBI To Allow Interoperability Between Mobile Wallets Within Six Months

1 month ago
In a move that will make mobile wallet to mobile wallet transactions a reality, the Reserve Bank of India said on Wednesday that interoperability amongst KYC compliant Prepaid Payment Instruments (PPIs) will be implemented within six months of the date ... ...

A Bumper Diwali For Flipkart Employees: Board Approves $100 Mn ESOP Repurchase Plan

2 months ago
In what seems to be a bumper Diwali for Flipkart employees, the board of India's most famous ecommerce startup has approved a plan to repurchase employee stock options in a $100 Mn ESOP repurchase plan. The move could benefit close to 6,000 current  ... ...

Brian Acton, WhatsApp Cofounder, is leaving Facebook to start a nonprofit

2 months ago
Brian Acton, who cofounded WhatsApp along with Jan Koum in 2009, announced in a Facebook post earlier today that he is leaving the company. He said that he plans to start a new chapter in his life and start a nonprofit. L to R Brian Acton and Jan ... ...

OncoStem Diagnostics raises $6 million in funding round led by Sequoia Capital

2 months ago
OncoStem Diagnostics today announced it has raised $6 million in a funding round led by Sequoia Capital. Existing investor Artiman Ventures also participated in the funding round. OncoStem will use the funds to deepen its R&D efforts, develop effective  ... ...

How Ola is riding the future of mobility in India

3 months ago
Name of the company: Ola Cabs Launch date: September 2010. Founders' Names: Bhavish Aggarwal & Ankit Bhati Location: Bangalore Funding raised in 2017: $404 million. Industry it operates in: Ridesharing/Transportation Society has learned to  ... ...

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