India

• Aims to introduce Letstrack Points (premium retailers) in every state for customer and retail engagement
• Will provide complete business support to the retailers
• Also launched a ‘Postpay’ option for customers to avail easy EMI options

– Kabir Misra’s startup fund will count SoftBank Group as the anchor limited partner
– The fund will invest in the US, India, and Southeast Asia
– Misra will step down from his current position at Softbank Capital after closing the fund

• Switzerland maintained its number one position in the GII rankings
• Other countries on the Top 10 list were Netherlands, Sweden, the UK, the US, Finland, Denmark, and Germany
• India has climbed for the third year in a row, as it was ranked 66th in the year 2016

– PM Modi was speaking at the inauguration of Samsung’s largest mobile manufacturing plant in the world in Noida
– This plant is expected to create 2,000 new jobs in the country in the next few years
– Neo middle class now offers unlimited scope for investments

State Transport Offices Will Have A Certain Percentage Of Public Electric Vehicles: Niti Aayog

A Bloomberg New Energy Finance Report Shows That Electric Buses Will Surge Faster Than Electric Cars

The Special Group Will Comprise Of Officials From The Industry Department And Enforcement Directorate

Phygicart Is Also Planning To Expand Its Operations Across 7 Countries By 2022

Times Internet Looks To Build A Digital-First Video Streaming Platform Atop Max Player And To Leverage Its 350 Mn Installed Base In India

MoneyOnMobile Is Exploring Ways To Set Up Retail Outlets Across India

Flipkart Wants To Ensure That One In Every Five Fashion Products Is Exclusive To The Platform

The Accelerator Programme Aims To Increase Collaboration to strengthen technology startup ecosystem in India and Israel