Walmart India Lays Off 56 Senior Execs Amid Focus On Tech

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#13 Jan: What All Happened In The Indian Startup Ecosystem Today

➤ CAIT calls for nationwide protest during amazon ceo Jeff Bezos India visit 

➤ No changes in zero MDR for fintech companies and no refunds, says FM 

➤ Neobank Epifi bags $13.2 Mn in seed round at $50 Mn valuation 

➤ Logistics startup Pando raises $9 Mn from Chiratae, Next47, others 

➤ Twitter, Google under Indian govt scanner for porn, child abuse content 

➤ Walmart India lays off 56 senior execs amid focus on tech 

➤ ‘Shopper’ malware affects over 14% of Indian smartphone users with fake reviews 

➤ M&As in 2019 at five-year low, but enterprise tech bucks the trend 

➤ Ankur Capital’s second fund eyes investments in edtech, fintech 

➤ PhonePe denies raising funds amid reports of SoftBank pulling out of deal 

➤ Sequoia’s Rajan Anandan: India to have 100 unicorns by 2025 

➤ DPIIT calls for stakeholder meeting on data storage under draft ecomm policy.

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