Startup News

WhiteHat Jr is embroiled in two defamation lawsuits, both of which have some involvement of the company’s ads The company claimed to have changed its ads after evaluating its campaigns and actively after listening to consumer feedback The company last ran its controversial ads featuring Barack Obama, Bill Gates, Sundar Pichai and others in September...

The funding has come from a slew of investors including XN’s Exponent fund, Arison Holdings, TIGA Investments and others The funding could be part of a larger $1 Bn round being raised by BYJU’s, as per reports last week Earlier this month, BYJU’S confirmed its acquisition of learning institute group Aakash Educational Services BYJU’S Raises...

This week, the company began hiring for various positions for a soon-to-be-launched edtech startup Launching its own edtech startup would be a logical move for the company, given its foothold in the education space for years The Munjal family, which founded the company with Hero Cycles in 1956, is also the promoter of BML Munjal...

Food delivery and restaurant discovery startup Zomato has been quietly hiring and employing delivery partners on a fixed-hour basis while ensuring a weekly ‘minimum guarantee’ payout, Inc42 has learnt from delivery executives and other sources who track the segment. The new payout system, which ensures a payment of INR 4,000-5,000 a week, is currently being...

The data has been leaked by the same hacker who earlier this month, had leaked the data of 10 Cr digital payments transactions from the server of Juspay Chqbook’s leaked data contains users’ names, contact details, Aadhaar and PAN numbers, the maximum loan amount they had sought or obtained from the company Chqbook is an...

BEAM will offer customised solutions to stakeholders to facilitate sale and purchase of agricultural produce The platform will facilitate transactions across the value chain i.e producers, intermediaries, ancillary services and consumers BSE said the platform will ensure reduced cost of intermediation, improved procurement efficiency Looking to open up agriculture commerce for Indian farmers, producers and...

The IT ministry claimed that there is a regime of data protection in the country, which WhatsApp would be violating with the privacy update The government has asked WhatsApp to give users an option to opt out of the update if it indeed goes ahead with it The policy primarily affects communication between businesses and...

The seven-month-old startup had earlier raised $2.5 Mn from Sequoia Capital’s Surge The proposed funding will value Kutumb at $170 Mn, around 11x increase from its last valuation Founded by former employees of Pratilipi, Kutumb aims to be a Reddit-like platform for Hindi-speaking users Bengaluru-based social media startup Kutumb is in talks with American investment...

Homegrown app store Indus OS posted INR 17.13 Cr in revenue for FY20, 360% higher than last year, but still ended the year in the red CEO Rakesh Deshmukh claimed the company would achieve breakeven by January 2021 with growth driven by the focus on Indian alternatives to Chinese apps Besides Korean smartphone giant Samsung,...

Netflix will host Stream fest which will allow users to watch all its shows and movies for free for the entire weekend It will start at 12.01 am on December 5 and end on December 6 at 11:59 pm On these days, only one user will be able to stream through one account and they...