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Inc42 Shots | 01 Oct: With Economy In Slowdown, Modi Pins Growth Hopes On Startups

Inc42 Shots | 01 Oct: With Economy In Slowdown, Modi Pins Growth Hopes On Startups

What All Happened In The Indian Startup Ecosystem Today

▶ Modi suggests Indian startups can help the country achieve the $5 Tn economy target.

▶ Ayushman Bharat scheme counts Ola, Uber, Google and others as partners.

▶ Khatabook, an app that enables SMEs to record and track business transactions digitally, has raised $25 Mn Series A round.

▶ Wipro sets aside $28 Mn to invest in retail startups.

▶ Mumbai-based mattress brand SleepyCat has raised $1.5 Mn in its Series A seed round.

▶ MakeMyTrip, OYO, Paytm, Swiggy, Zomato and Uber have come together to check online fraud.

▶ Andhra Pradesh govt issues tender for 350 AC electric buses.

Paytm Mall has partnered with over 30K offline stores to support festive sales

UPI Transactions reach 955 Mn despite slowdown in September.

▶ Bengaluru police department is all set to roll out AI-based traffic signals at most city junctions.

Author

Harshil Khatter

Inc42 Staff
Responses
https://inc42.com/videos/inc42-shots-indian-startup-ecosystem-daily-analysis/

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