After much back and forth, Union Commerce and Industry Minister, Suresh Prabhu said that the Centre will soon be rolling out a new ecommerce policy. Expected to favour both companies and consumers, the policy will come with a special highlight on domestic ecommerce. While the government reworks on the proposed draft, the Confederation of All India Traders (CAIT) has been pushing for an exclusive marketplace portal for themselves.
Tired of commercial movies? Get MUBI for arthouse classics
There’s a new movie-streaming app in town and it’s rather unique. Move over Netflix, Hotstar and Amazon Prime Video, MUBI is here! In October, this European streaming service, which offers a handpicked selection of 30 arthouse classics every month, debuted at the Mumbai Film Festival. Using MUBI, movie lovers with an appetite for world cinema can now choose from a wide range of carefully selected movies at just Rs 500/month subscription fee.
November funding finally shows some signs of life
After a mostly slow month, this week was marginally better in terms for raising funding for the Indian startup ecosystem. Startups raised a total of $65.67 million in equity funding across nine deals, up from last week's $15 million. In addition, startups also raised a total of $12 million in debt funding across two deals.
2018 proves that AR/VR is here to stay
Are new-age technologies like augmented reality (AR) and virtual reality (VR) enter sectors like retail and real estate? The answer to that is a resounding yes, proven by the industry trends and market reports in 2018. From letting enterprises to augment retail trials to creating life-like experiences for customers, AR/VR is gradually seeping into the mainstream.
Bridge Impact making CSR transparent with technology
With the goal of eliminating traditional and cumbersome methods of CSR management, Bridge Impact is using technology-driven approach to make it easier for corporates. Founded by Sonal Chopra, a King’s College graduate, the platform involves a web and mobile interface that lets corporates monitor any CSR project they have contributed to, in real time.