Rise of grocery as a feature | BigBasket's bridge funding | IT firms join fight against Covid-19 | Revenue share model for retailers & malls?

ETtech Newsletter | Thursday, April 9, 2020

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Groceries turn essential for startup survival
The foray into grocery and delivery of essentials have been pushed by local governments and allows these businesses to stay operational during the lockdown period  read more...
Oyo to furlough employees in US, other markets
The hospitality chain says employees in India to remain unaffected till lockdown  read more...
Bengaluru technocrats pitch in with relief efforts
They are using technology platforms and managerial knowhow to alleviate the distress of daily-wage labourers  read more...
TCS, Cognizant, Persistent bring tech tools to Covid-19 battle
IT firms collaborate with Council of Scientific and Industrial Research to test and synthesise chemical compounds to develop drugs  read more...
Alibaba invests $50 million in BigBasket's bridge round
Last year, BigBasket had raised $150 million led by Mirae Asset-Naver Asia Growth Fund, UK government-owned CDC Group, and existing backers like Alibaba, at a valuation of $1.2 billion.  read more...
Indian IT to face near-term disruption, but will revive soon: Nasscom chairman Pravin Rao
Rao, the second leader from Infosys to head the grouping after founder N R Narayana Murthy, says the $191 billion Indian IT industry will face near-term disruption, but its fortunes will revive soon after the outbreak is contained.  read more...
Jupiter scores $2 million in top-up funding round
Startup now valued at $100 million; plans to officially launch services in July  read more...
Govt to release Rs 18,000 crore as pending tax refunds to individuals, businesses
Income tax refunds to individuals, upto Rs 5 lakh that have been pending will be released quickly, which will benefit some 14 lakh people.  read more...
Coronavirus lockdown hurts small online sellers
Manpower shortage at courier companies and a lack of clarity on the ground on opening up factories continue to be key concerns  read more...
Govt set to notify new social media norms
Once the guidelines are in place, companies will have to ensure that if unlawful content is going viral on their platforms, others should also take steps to remove it  read more...
Retailers ask mall landlords for revenue-sharing model
Mall owners said it is too early to discuss and gauge the final impact of the coronavirus pandemic as it is still unclear when they would be able to open for business.  read more...
Vedantu raises $12.5 million from Legend Capital, Omidyar
The investment comes at a time when Vedantu, like rivals Byju's and Unacademy, has doubled down on growing its user base by offering free access to its platform to students  read more...
Aarogya Setu, drone data to play part in lockdown exit strategy
Aarogya Setu, the government's Covid-19 tracker app, is helping govt in contact tracing, and also raising one's alert level if they were in the vicinity of someone who had been tested Covid-19 positive.  read more...
Zupee raises $8 million in Series A funding led by Matrix Partners
Falcon Edge Capital, WestCap Group, Orios Venture Partners and Zupee's early stage investor Smile Group also participated in the latest round.  read more...
Nasscom seeks govt help for benched staff
Nasscom has suggested that benched employees be paid only minimum wages along with statutory entitlements  read more...
Ecommerce giant ropes in cybersecurity experts on spike in app downloads
Cybersecurity experts have noted a sharp increase in concerns over advertising frauds, digital security and company-related sensitive data, among others  read more...
IT firms, key govt offices can function with half the staff in Karnataka: Expert panel
Panel suggests lockdown must be extended in districts identified as Covid-19 hotspots  read more...
Bitcoin beats coronavirus blues
The Supreme Court order that trading in Bitcoins couldn't be banned has come in at the right time bringing in more traders leading to higher trading volumes  read more...
ICICI Bank & HDFC Bank lead the pack in digitization: Report
Performances of several high street lenders such as Bank of Baroda, Citi Bank, Kotak Mahindra Bank and Federal Bank were deemed average in MeitY's scorecard  read more...
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Digital payments for essentials on the rise | ePharma staff struggle | Oyo US layoffs | India Inc's battle groups against Covid-19

Wednesday, April 8, 2020

ETtech Newsletter | Wednesday, April 8, 2020 Daily Newsletter Technology | Startups | Corporate | Mobile | Internet | People News & analysis you can't afford to miss. Delivered to your inbox

Smaller cheques for food-delivery apps | VCs ask Sidbi to ease sops criteria | Covid-19 & fake videos | Availability of essentials improves

Tuesday, April 7, 2020

ETtech Newsletter | Tuesday, April 7, 2020 Daily Newsletter Technology | Startups | Corporate | Mobile | Internet | People News & analysis you can't afford to miss. Delivered to your inbox

ETtech Top 5: State of e-sellers | How Grofers is coping with Covid-19 lockdown | Startups lobby for liquidity lifeline

Monday, April 6, 2020

ETtech Newsletter | Monday, April 6, 2020 Daily Newsletter Technology | Startups | Corporate | Mobile | Internet | People News Alert ETtech Top 5: How Grofers is coping with Covid-19 lockdown; state of

Covid-19 Impact: State of e-sellers | Grofers CEO on the frontline | Startups seek liquidity lifeline

Monday, April 6, 2020

ETtech Newsletter | Monday, April 6, 2020 Daily Newsletter Technology | Startups | Corporate | Mobile | Internet | People News & analysis you can't afford to miss. Delivered to your inbox daily

Sunday Morning Roundup: Most Read Stories of Last Week (in case you missed)

Sunday, April 5, 2020

Technology | Startups | Corporate | Mobile | Internet | People Most Read News of the Week News & analysis you can't afford to miss. Delivered to your inbox daily. Startups hardest hit by Covid-

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