In March, Bengaluru-based ShareChat along with other social media platforms had signed and adopted a ‘Voluntary Code of Ethics’ to support the Election Commission of India (ECI) for a free and fair election process. In regard to this, the platform has removed 487,000 posts, saying it has been doing so since February.
Ola to provide free rides for Persons with Disabilities to polling booths in Bengaluru
Ola has announced that it will provide free rides to Persons with Disabilities (PwD) in Bengaluru, Mysuru, and Mangaluru on April 18, 2019, and Ballari, Hubali-Dharwad, Gulbarga, and Belgaum on April 23 2019. As a part of this free service, Ola has assigned 270 cabs to the Election Commission and these will be made available to ferry PwD voters to polling booths.
Mukesh Ambani, Section 377 lawyers make it to Time100 list
Business tycoon and Reliance Industries Chairman Mukesh Ambani, and lawyers Arundhati Katju and Menaka Guruswamy, who quashed Section 377, were featured on 'Time100' list of 'most influential people in the world' in 2019. It also includes comedian Hasan Minhaj, US President Donald Trump, Pakistan Prime Minister Imran Khan, and Facebook Founder-CEO Mark Zuckerberg.
Anirudh Damani of Artha Venture Fund on how he discovered OYO
Five years ago, when no one wanted to back Ritesh Agarwal and OYO Rooms, Anirudh Damani of Artha Venture Fund made a small investment in the company. An investment that fetched the Damani family office a 150x return. In fact, the investor says, “If I had stayed longer, we would have seen a 300x return." In a conversation with YourStory, Anirudh talks about why he decided to back OYO, his favourite pitches and investments, and how to build a business.
[Funding alert] Binny Bansal invests in INCREFF
Bengaluru- based supply chain management startup INCREFF has raised $3 million in a funding round led by 021 Capital and Flipkart Co-founder Binny Bansal. It plans to use this freshly raised capital to expand its customer pipeline, enhance its product offerings and foray into international markets. In 2016, INCREFF raised $2 million led by Sequoia Capital and other angel investors.
Indian fintech space is ‘insanely' attractive, addictive: investor Melissa Frakman
Melissa Frakman, Founder of Emphasis Ventures (EMVC), a $25 million venture capital fund that invests in early-stage fintech startups, tells YourStory the opportunities she sees in the Indian fintech space and reveals why it's 'insanely addictive' to build and work in this country.
Google, Apple block TikTok from app stores in India
Google and Apple have removed Chinese video app TikTok from their app stores in India after media reports suggested that the Ministry of Electronics and Information Technology (MeitY) had asked the internet companies to pull down the applications. This comes after the Supreme Court of India refused to stay the company's plea on the Madras High Court’s ruling on its ban from April 3.
What are the challenges foreign startups face while setting up in India?
Anat Bernstein-Reich, Chairperson of Israel-India Chamber of Commerce, is the Founder of A&G Partners (Acceleration and Growth). The company helps startups from Israel to set up in India. Anat, who calls herself a half-Indian, also headed India operations for her previous startup 20 years ago. In a conversation, she reveals the challenges faced by startups from Israel wanting to win over the Indian ecosystem.