A recent report by IAMAI states that the proposed 6% equalisation levy of tax, also termed as ‘Google Tax’, on digital ad firms by Modi Government, will significantly increase business cost for tech startups.
Nasscom To Take 30 Tech Startups To Valley
NASSCOM is hosting the third edition of Nasscom Innotrek 2016. The program is an annual showcase of promising early stage Indian product, IoT, gaming, and technology startups who are at the forefront of the next wave of software dominance from Indian shores. 39 Indian startups has been selected for the same.
RBI Proposes Guidelines For P2P Lending Business
To regulate the online lending marketplaces and bring them under the regulatory purview of the central bank, the RBI proposed that peer-to-peer (P2P) lending platforms will register as non-banking finance companies (NBFCs).
Tata To Launch Fitness Tracker
Diversifying its portfolio further, Tata Group is planning to foray into wearables. It is planning to launch a yoga wearable that would help the user to monitor breathing and alertness.
Ex Housing Co-founder Advitiya To Reimagine K-8 Education
After Housing, Advitiya Sharma launched an EdTech startup GeniusTeacher to reimagine how education is delivered and consumed. Working on a hybrid model, the startup will be focused on kindergarten to class eight students and will provide solutions to neighbourhood teachers to make learning more effective.
Modi Govt. To Launch Master App ‘UMANG’
In order to ease out the difficulties faced by the citizens while accessing e-government services, Modi government will soon be launching Master app – UMANG. UMANG stands for Unified Mobile Application for New-age Governance. The app will bring 200+ government services under one roof and users will be able to access the app in 13 languages and there is also proposal to make it available offline via sms or single toll free number.