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Digital Advocacy Group Raises Red Flag Over DoT's Move Seeking Mass Call Records

India, June 16 -- A digital advocacy group Internet Freedom Foundation (IFF) has refuted the telecom department's claims that its demand for bulk call data record (CDR) was to analyse call drops. IFF ... Read More


Daily Tech Briefing: PaisaBazaar Layoffs, E-Passes For Mumbai Trains & More

India, June 16 -- One of the latest victims of Covid-19's economic impact is SoftBank portfolio company PolicyBazaar's lending unit, PaisaBazaar. The startup has reportedly let go of over 1500 employe... Read More


Jai Kisan Raises $3.9 Mn In Pre-Series A Funding Led By Arkam Ventures

India, June 16 -- Mumbai-based fintech startup Jai Kisan announced that it has raised INR 30 Cr ($3.9 Mn) in Pre-Series A funding round. The investment has been led by Arkam Ventures (previously known... Read More


Tier 2, Small Towns To Drive 200 Mn New Online Shoppers: Bain-Flipkart Report

India, June 16 -- Efforts and adoption growth of ecommerce have begun to bear fruit during the pandemic. India's ecommerce market, which constitutes just 3.4% of the country's $850 Bn retail markets, ... Read More


Tier 2, Small Towns To Drive 200 Mn New Online Shoppers, Reveals Study

India, June 16 -- Efforts and adoption growth of ecommerce have begun to bear fruit during the pandemic. India's ecommerce market, which constitutes just 3.4% of the country's $850 Bn retail markets, ... Read More


Amazon, Flipkart Under NGT Scanner As Plastic Packaging Raises Green Concerns

India, June 16 -- Almost eight months after a Delhi teen filed a petition with the National Green Tribunal (NGT) against Amazon and Flipkart for using excessive packaging materials, the Central Pollut... Read More


Daily Tech Briefing: Jio's Weekend Fundraising; Zoom Censorship In China & More

India, June 15 -- Over the weekend, Reliance Jio Platforms has secured $850 Mn from new investors- TPG Capital and L Catterton. Global alternative asset investor TPG will invest INR 4,546.80 Cr ($599.... Read More


Bon Credit Founder Buys Back Investor Stake To Transition To NGO

India, June 15 -- Pune-based gig workers-focused fintech platform Bon Credit has decided to shift to a non-profit model. Bon Credit founder and CEO Bhasker Kode told Inc42 that he has bought out insti... Read More


Omidyar-Backed Bon Credit Switches To Non-Profit Model, Founder Buys Back Investor Shares

India, June 15 -- Pune-based gig workers-focused fintech platform Bon Credit has decided to shift to a non-profit model. Bon Credit founder and CEO Bhasker Kode told Inc42 that he has bought out insti... Read More


PaisaBazaar Lays Off Over 1500 Employees As Demand Falls

India, June 15 -- SoftBank portfolio company PolicyBazaar's lending unit, PaisaBazaar has reportedly let go of over 1500 employees to cut costs amid falling demand in the lending industry. The develo... Read More