Binny Bansal Offloads More Flipkart Shares To Bring Stake Down To 3.3%

Binny Bansal Offloads More Flipkart Shares To Bring Stake Down To 3.3%

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#03 Dec: What All Happened In The Indian Startup Ecosystem Today

Y Combinator’s winter is coming for 28 Indian startups. 

➤ UP Govt to pilot blockchain-based solar energy trading to increase efficiency. 

➤ Political parties to cash in on India’s TikTok mania for election ads

➤ Binny Bansal offloads more Flipkart shares to bring stake down to 3.3%

➤ Customers go without salaries after HDFC app, website face technical snag

Govt lets Google off the hook in phishing case as Whatsapp still struggles. 

➤ Xiaomi enters India’s lending market with Mi Credit loans marketplace. 

➤ Epharmacy startups claim delay in government’s official guidelines hurts ease of doing business.  

BookMyShow gets new investment from Jungle Ventures; moves SEA business to Singapore. 

➤ Uber to focus on bike-taxis for its next expansion phase

➤ Flipkart pumps INR 2839 Cr investment in its wholesale arm ahead of last season sale

➤ Customer loyalty startup Froogal raises $1 Mn seed round from US-based Angel Investors

➤ Google India to address economic challenges with AI/ML based innovation

To read more updates on the Indian startup ecosystem, click here.