Article on August 20, 2021

Square Yards Provides Renters Freedom From Deposits; Launches Zero Deposit Program Through Azuro.

Square Yards’ ‘Zero Deposit Program’ entails a residential rental bond that acts as a guarantee in favor of a landlord that will compensate him in case the tenant defaults on his obligations under the tenancy agreement

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Facebook Partners With Gurugram Based Indifi

The goal of the initiative is to make business loans more easily accessible to small entrepreneurs, and reduce the credit gap within India's MSME (micro, small and medium enterprises) sector, Facebook India Vice-President and MD Ajit Mohan told reporters in a virtual briefing

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Indian startups raise USD 16.9 bn VC funding in 2021, next only to China

'Despite the third wave of COVID-19 pandemic looming large and slow economic recovery, venture capital (VC) investors seem to be reposing faith in the Indian startup ecosystem. In fact, Indian startups stood next only to Chinese counterparts in terms of VC funding value among the APAC countries during January to July 2021,' the leading data and analytics company said.

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Microsoft Corporation invests USD 5 mln in OYO

Under the deal, OYO will issue 5 equity shares of the face value of Rs 10 each for cash at an issue price of India rupee equivalent of USD 58,490 per equity share

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Three Wheels United partners with Piaggio Vehicles

Under this partnership, Three Wheels United will immediately deploy 500 Piaggio Ape’ E City and Ape’ E-Xtra vehicles across India.

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SEEK Invests in JobKorea Korea's Largest Recruitment Platform

This investment will provide an opportunity for SEEK to add value to JobKorea's market-leading position, while SEEK focuses on its operations, fast-tracking its ongoing transformation and growth of its existing Asia businesses

Read More Launches India's New Video Communication Platform, Vayam

The app will be one of the first homegrown platforms that will align with Indian users’ beliefs and protect the sovereignty of the country, thereby eliminating the duopoly that western apps such as Google and Zoom hold in the Indian market

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Admitad Affiliate Drives Sales Worth INR 407 Cr

Popular brands are also showing interest to explore new inventory types including instant messaging apps like Telegram and WhatsApp as an opportunity to reach out to a wider audience base.

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Unnati Joins Hands With Farmer Producer Organizations

Envisaging the empowerment of small farmers by supporting the FPOs directly via the digital FPO platform, Unnati has plans to do achieve this through digital payment services such as UPI, credit/debit cards, mobile wallets, etc., banking services, output sales, loan services, and brand promotions

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Zomato Winds Up US-based Step-down Subsidiary

ZUL was not a material subsidiary of the company and did not have any business activity and its dissolution will not affect the turnover/revenue of the company, it added

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