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Article on June 03, 2020

Logistics Startup Shiprocket Elevates CBO Akshay Ghulati As Co-Founder

This is a rare move where a start-up offers the title of a founding partner to one of its veteran executives. After this elevation, Shiprocket has 4 co-founders in the team. Akshay joined the organization in 2016 from Amazon where he was serving as the senior manager for the pan-Europe marketplace.

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Fintech Platform Credgenics Raises An Undisclosed Sum Of Funding From Titan Capital

The startup has earmarked the proceeds from the funding to scale its operations in all metro cities of India, streamline and strengthen its R&D on the product development, and to acquire new clients.

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Mitron App Suspended From Google Play Store

The TikTok clone Mitron application, much discussed for its development hack and hoarding 5 million downloads within half a month, has now been suspended from Google Play Store.

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Uber Resumes Airport Transportation Service In Chennai

Ride-hailing major Uber on Tuesday said it has continued administrations in the city empowering riders arrive at air terminal after the resumption of local air administration in the nation.

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E-commerce Companies Go On A Hiring Spree

In the midst of a 50-60% droop in CXO employing and cutbacks in abundance, a bunch of new companies and web-based business organizations are utilizing the chance to reinforce their top decks.

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Facebook, PayPal Join Google, Tencent, And Others As Investors In Gojek

As a feature of its business understanding, PayPal's payment capacities will be coordinated into Gojek's administrations and the two organizations will likewise work together to permit clients of GoPay, Gojek's computerized wallet, to access PayPal's system of more than 25 million dealers around the globe.

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Flipkart Investor’s Stake Sale A Bid To Avoid Tax: Authority Of Advance Ruling

The Authority of Advance Ruling (AAR) has said a Rs 14,500-crore exchange in 2018 where a private value financial specialist sold its stake in Flipkart to US retail major Walmart was by all appearances intended to evade charge.

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Fertility Platform IVF Access Raises $5M From Vertex Ventures SEA & India

IVF Access, a Bengaluru-put together human services start-up centered around giving In Vitro Fertilization (IVF) medicines in India, has brought $5 million up in Series A financing. The speculation was made by Vertex Ventures Southeast Asia and India (Vertex Ventures SEA and India) and will see its Managing Partner, Ben Mathias, joining the leading group of IVF Access.

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Uber’s Ex-CTO Reflects On A Rift With Travis Kalanick And How To Fix Autonomous Cars

Thinking about seven years as the top innovation official at Uber Technologies Inc., Thuan Pham separates his time there into three "voyages through obligation," as he portrays them. One was growing Uber from a curiosity administration in three dozen urban areas to one that serves a huge number of clients around the globe.

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Unlock 1.0 special: Startup innovations empowering business revival in India

Entrepreneurs and innovators across India have responded quickly to the challenge posed by the Covid-19 pandemic. However, in these bleak times, Indian startupshave risen to the fore and creating or reworking their product offerings to meet the COVID-19 challenge and truly become a force multiplier for the efforts against coronavirus.

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