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Uber Money Launched: Is Uber Aping Ola’s Diversified Portfolio?

#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.


Inc42 Staff