Covering the start-up ecosystem in and around Bangalore. Formerly an energy reporter at Reuters. A film, cricket buff who also writes fiction on weekends.
The Delhi-headquartered company said the new capital will be utilized to expand the India business, widen its footprint and consolidate its leadership position in the premium beer market in India.
It is mandatory for those permitted to open to only operate with 50 per cent staff, while ensuring compulsory wearing of masks and strictly adhering to social distancing. The relaxations in restrictions are not applicable in hotspots or containment zones.
The survey, that received more than 17,000 responses from across the country, found that 50 per cent households need their air-conditioners or refrigerators repaired, with the onset of the Indian summer.
Founded in 2014, the company has been trying to design a completely new class of broad spectrum antibiotics that would be able to fight against increasingly drug resistant bacteria.
The new application allows users to sign in with their existing Facebook accounts, follow popular gamers, watch live streams and interact, apart from of course allowing users to play and broadcast their games as well.
The fresh funds will be used to strengthen the team, build the technology further and offer enhanced products with focus on enabling access to credit, corporate banking, cross border payments and the neo-banking stack.
Post the announcement last week allowing ecommerce companies to carry out routine business, they were hopeful that it would spur some activity across the board.
According to a survey by community platform Local Circles, 57 per cent of consumers were able to find most essential goods via online ordering, an improvement from only a few days ago.
The company will use the new funds to further invest in the platform's predictive capabilities and grow faster in Europe, Asia Pacific and the United States.
Even as businesses across sectors face the heat of an extended countrywide lockdown owing to the Coronavirus outbreak, there are some who have managed to find a silver lining. One such area is online gaming, which has seen a welcome spike.
Tata's distributors will list as marketplace sellers on the e-commerce company's platform and consumers would be able to buy different combo packs of essential products.
According to a study by consulting firm Hammerkopf, 65 per cent respondents said they believed it would take anywhere between six to twelve months for normalcy to return.
UDo is a platform that allows users to get advice on various subjects from experts through videos and audios and lets experts make money for consultation.
According to a report by Bobble AI, video conferencing apps such as Zoom, Google Hangouts, Google Duo and Houseparty have seen a 71.11 per cent increase in time spent while the average user count has risen by over 100 per cent.
The aid will support better screening, contact tracing, and laboratory diagnostics and help in procuring personal protective equipment as well as setting up new isolation wards.
In order to service the slum areas and orphanages, the company said it is willing to partner with non-governmental organizations and similar institutions.
Of the total amount, Wipro Ltd is contributing INR 100 crore, Wipro Enterprises INR 25 crore, and chairman Azim Premji's philanthrophic foundation is contributing 1,000 crore.
Through UberMedic, it would make available its wide network of drivers to authorities to facilitate transportation for frontline healthcare providers to and from their homes as well to healthcare and medical facilities.
In an online conference by Entrepreneur India, six individuals in the venture capital space share their thoughts on what this outbreak and subsequent lockdown could mean for start-ups and small businesses, and share tips on wading through the crisis.
Named 'Swiggy Hunger Savior Covid Relief Fund', its expected corpus of INR 10 crore will be created with primary contributions from company founders, senior leaders, employees and investors, as well as donations from customers.
February bookings dropped by as much as 60 per cent in states where patients tested positive for the virus. On a year-over-year basis, Maharashtra, which currently has the most cases among all states in India saw a dip of 42 per cent; in Kerala, they fell by 54 per cent.
While the 3-week-long lockdown has brought about disruptions across sectors, start-ups have stepped up with different initiatives to help support the government and the people during the pandemic.