Inc42 Shots | Ola Is Planning For An IPO; Railway Ministry To Install WiFi In 6K Stations

Inc42 Shots | Ola Is Planning For An IPO; Railway Ministry To Install WiFi In 6K Stations

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04 Oct: What Happened In The Indian Startup Ecosystem Today

▶ Bengaluru-based Bounce, a dockless bike rental startup, is raising around $125 Mn in its latest funding round.

▶ Bengaluru-based cab-hailing unicorn Ola is planning for an initial public offering (IPO).

▶ Zomato has recorded a 225% rise in revenue in the first half of FY2020.

▶ Uber has restructured its corporate holdings and brought its India business.

▶ IRCTC has made a sparkling debut on the public markets in three days of its initial public offering (IPO).

Dunzo rakes in $45 mn Series D funding to scale up tech.

▶ P2P platforms have demanded a relaxation of the RBI guidelines for credit limits issued in 2018.

▶ Meity may provide extra benefits to electronics manufacturers to make in India.

▶ Railway Ministry to install WiFi in 6k stations under Digital India initiatives.

For more updates on the startup community, visit- http://bit.ly/2IkfjQX