Features

Pankaj Makkar says Bertelsmann India Investments was the first fund in India to focus on investing only in growth-stage startups

Its early mover advantage gave Bertelsmann India a good deal flow; it is set to complete three-four deals by end-2018

Makkar is willing to taking the competition risk, the macro risk (whether this is the right industry), and also the execution and exit risks

• Nazara Technologies is expected to raise $142 Mn from IPO, with a valuation of $500 Mn post IPO
• Lead investor WestBridge Capital will make a partial exit, earning 75-80X return on its 12-year-old investment
• The Indian gaming Industry is expected to hit $1.1 Bn by 2020; India sees the second-highest game downloads globally

Rajasthan government has deployed a high-tech surveillance system to protect its wildlife and forests

A total of 100 cameras and five drones to be deployed as part of the plan

Sariska, Ranthambore, Jawai Bandh, Mukandara, Jalana to be covered as part of the project

Parag Dhol, MD of Inventus Capital Partners, has led investments in the likes RedBus and PolicyBazaar

Capital efficiency and unit economics are the most important criteria for Inventus while making investments

He says investment is an unforgiving business and that the investors’ and founders’ value systems must match

Sanjay Swamy Of Prime Venture Partners believes this is one of the best times to be an entrepreneur

He says that digitalisation is leading to a huge potential in verticals such as healthcare and education

He talks about how two of his shortest career stints had the most profound influence on him

Building On Its eMitra Service, The Rajasthan Government Is Setting Up Self-Service Kiosks Under eMitra+

Unlike the GDPR, the draft Personal Data Protection Bill 2018 treats data as a ‘matter of trust’ not as ‘property’

Similar to the Chinese Cybersecurity Law, data fiduciaries processing Indians’ data will have to store a copy of it in a server in India

The draft Bill, though ambiguous and far from perfect, is open to ‘fine-tuning’ and is a step in the right direction

IDG Ventures India’s Karan Mohla believes in taking early bets and creating omnichannels

‘Alternate Distribution For Commerce’ is his mantra for reaching out to the next 300-400 Mn Indians

IDG Ventures has invested in startups like FirstCry, POPxo, Little Black Book, Yatra and more

• Ather Energy recently launched its flagship electric scooter Ather 450 along with the Ather 340
• The company has invested more than $15.6 Mn only on testing and validation of its ebikes
• It has a new industrial design in the pipeline that might come about in two years
• India aims to go 30% EV by 2030; out of which 80% are expected to be two-wheelers

The Bill has evoked mixed reactions, veering towards dissent, from most quarters including some Srikrishna Committee members

The Bill creates several exceptions and exemptions for processing of data by the Indian government

Data breach notifications are to be made to the DPA only if the breach is likely to cause ‘harm’ to the data principal

Inc42 And PayPal Recently Hosted A Webinar To Understand The Growing Trend Of Freelancing Among Women

Staqu has developed an AI-powered recommendation engine that adds contextualises ads with content on websites

Staqu also launched an AI-based human efface detection (ABHED) application for effective policing

The startup claims its solution has helped the Punjab police nab more than 100 criminals. Dubai police and Rajasthan Police too are using its solution