We bring you the weekly dose of important Indian startup news of the week.
This is one of the major news which surfaced in Indian startup and tech ecosystem. The Supreme Court of India has issued notices to Google and Twitter, in reference to the public interest litigation petition filed against the Internet behemoths over data privacy concerns by Pallav Mongia, an Advocate-on-Record at the Supreme Court. The petition, according to sources, has raised concerns about the lack of control over data sharing with cross-border corporate entities, which could potentially be a violation of the Indian citizens’ right to privacy.
Important Indian Startup News Stories Of The Week
WeWork Enters Mumbai With Its Coworking Space “WeWork BKC”
This is another interesting news for the Indian startups. “WeWork BKC” boasts a seating capacity of 1900+ sprawled over 1.9 Lakh sq. ft. The look and feel of the facility in the economic Capital of India is on par with the global design and aesthetic standards of WeWork. “WeWork BKC” offers its members three types of memberships, including hot desks, dedicated desks, and private offices within the range of INR 18K to INR 40.2K per month.
Wingify Launches New Version Of VWO
Visual Website Optimiser (VWO) ties together the entire conversion rate optimisation (CRO) process. The connected all-in-one VWO platform took two years to develop and aims to help businesses optimise digital experiences for their visitors by employing a process oriented approach for A/B testing – a digital marketer’s tool for optimising conversion.
Karnataka Govt. To Fight Traffic And Water Scarcity Woes With Tech
This news reflected the way Indian government is keenly trying to work along with Indian startups. The Karnataka government has launched its ‘Grand Challenge Call Five and Call Six’, under the State Startup Policy. The initiative aims to unearth innovative solutions to reduce traffic congestion in Bengaluru city as well as tackle the perennial water scarcity.
Andhra Pradesh Joins Hands With Hyperloop Transportation Technologies
An hour-long journey between Vijayawada and Amaravati, could well become a six minute affair thanks to the agreement signed by Andhra Pradesh government with Hyperloop Transportation Technologies (HTT). Under the agreement, HTT will develop a Hyperloop transportation route between the cities of Amaravati and Vijaywada, reducing the one-hour trip to as little as just six minutes, if successful. The agreement will employ a public private partnership model funded primarily from private sources to fund its construction.
SEBI Mandates Disclaimer For Crowdfunding Platforms And Angel Investor Networks
This is another Indian startup news of the week. The disclaimer must state that crowdfunding portals are neither stock exchanges nor authorised by the market regulator to solicit investments. Furthermore, the disclaimer should also state that securities traded via these crowdfunding platforms are not actually raised on any regulated exchange. The directive was sent towards the end of July.
Festive Season Sale Countdown Begins With Flipkart
The ecommerce firm Flipkart has decided to hold its Flipkart Big Billion Day sale from September 20 to September 24. This will be the 4th edition of the Big Billion Day this year, offering up to 90% off on products across all categories.
Other Indian Startup News Stories of The Week
Click Labs Launches Kato
Kato is a powerful Analytics and Artificial Intelligence Platform for businesses which enables users to access business analytics from various sources on a single dashboard. With its two prime offerings into AI (Artificial Intelligence) and BI (Business Intelligence), Kato provides pre-built plug and play platforms for businesses. This help in Dynamic Pricing, Route optimization, Spatial Analytics and Predictive Analytics.
Pepperfry Ties Up With Zefo
The tie-up aims to launch an Exchange Your Furniture service for Pepperfry customers across select cities through an alliance with Zefo, the online marketplace for pre-owned goods. Through this service customers can exchange their old furniture within 48 hours of placing a request on Pepperfry.com.
Uber Pilots PREMIER In India
On-demand ridesharing company Uber’s PREMIER ride option is available at everyday, affordable fares. With a pilot rollout in Mumbai and Pune, select riders will be offered PREMIER as an in-app product option that serves as an upgrade to their current uberX experience. Across all relevant markets, PREMIER will complement the current product range of MOTO, POOL, GO and others, to serve unmet needs in the economy-plus and premium segments where there is scope to match a personal car experience.
Kruzr Launches Operations In The US And UK
Kruzr is positioned as the world’s first technology powered smart driving assistant. With its launch in the United States and United Kingdom, it aims to address the problem of increasing number of deaths and accidents resulting from mobile phone usage while driving.
BookMyShow Launches Music streaming And Digital Radio With Jukebox
This marks BookMyShow’s entry into non-music entertainment providing listeners comprehensive audio entertainment options across categories including Horror, Sports, Bollywood, News and Business, Kids, Comedy, Music, Entertainment, History, and Mythology & Devotion. Together this will offer over 2000 hours of on-demand content to Jukebox listeners, free! Moreover, Jukebox is the only service allowing its users to download the content and listen to it offline, without any fee.
IndiaProperty.com Introduces DIY Tool In Its Mobile App
Sellers can individually shoot up to 10 second videos of different rooms in the property and then merge all the videos with a single click. The process is simple and quick. Sellers can also describe their property along with the video. Buyers can thus envision the property better as the video listings gives buyers an experience close to real time site visits.
Indian Edtech Startup Smartivity Goes Global
Smartvity has expanded its horizons to global markets like USA, Australia, Spain and Portugal, among others. The startup’s current portfolio spans the entire physical – digital spectrum including STEM educational DIY toys made from recycled wood, Augmented Reality enabled activities, Virtual Reality learning experiences, Robotics and IoT games. Ensuring safety for children Smartivity produces toys that are environment friendly and made from recycled wood and cater to children between 3 to 14 years of age group.
Chumbak Android App Launches On Google Play Store
This App has been designed specifically to drive their tech savvy and loyal customers to a new, dedicated and focused platform to enhance the shopping experience. Chumbak aims to use smart technology on the app to increase loyalty and drive customers to a newer, faster and hassle free shopping experience within the App.
Stay tuned for the next edition of the News Roundup: Indian Startup News Of The Week!