#29 Oct: What All Happened In The Startup Ecosystem Today
➤ Uber has announced its entry into fintech services with Uber Money.
➤ Alphabet Inc, the parent company of Google is looking to acquire Fitbit.
➤ Delhi Metro smart card could soon become non-transferable with biometric linking.
➤ Mastercard to convert smartphones into mobile points of sale in India.
➤ Bengaluru-based cab hailing unicorn Ola is said to be in talks with technology giant Microsoft to raise fresh funds.
➤ SaaS Unicorn Freshworks Inks deal with IIT Madras for AI-based software.
➤ OYO’s Ritesh Agarwal, other Execs likely to pool angel investments into Raaga Partners.
➤ After parent entity, Flipkart India witnesses 85.91% increase in losses.
➤ Amazon India ecommerce unit narrows losses by 9.5%, increases revenue by 55%
For more updates on the Indian startup ecosystem, click here.