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| Jan 01, 1970 | Daily Report |
| RISING BHARAT | News Count (102282) | |
22101. [Startup Bharat] This automotive B2B ecommerce platform is making car maintenance affordable and easy
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Startups in Bharat
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- Pune-based automobile parts ecommerce platform SparesHub is catering to B2B customers and promises better pricing and same-day delivery of spare parts.
- Run by Iradium Automobiles Private Limited, SparesHub was started in 2013 by Tapas Gupta and Arijit Chakraborty. The duo met while doing their MBA at Nirma University, Ahmedabad.
- “SparesHub is solving the problem of supply chain inefficiency in the auto industry using technology. SparesHub provides car parts to car service centres at affordable prices and offers delivery within three-hours of placing orders,” says Tapas.
22102. Over 1,600 Indian cos received USD 1 billion FDI from China during Apr 2016-Mar 2020: Govt data
Make in India / Atmanirbhar
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Investment in Bharat by companies of other countries
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India
The Economic Times
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- More than 1,600 Indian companies have received foreign direct investments worth USD 1 billion from China during the April 2016 to March 2020 period, according to government data.
- These companies were in 46 sectors. Out of them, the automobile industry, printing of books (including litho printing industry), electronics, services and electrical equipment received more than USD 100 million FDI each from China during the said period.
- The automobile industry received the maximum FDI from China at USD 172 million. The services sector attracted such funds worth USD 139.65 million, the data showed.
22103. This hyperlocal platform helps you donate in kind to NGOs in need
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Startups in Bharat
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- HappieeSouls, based in Bengaluru, helps you connect with verified NGOs to donate unused and unwanted goods, ensuring sustainability.
- Sonika Gahlot Nayak reached a roadblock in 2017 while looking for an online list of charity organisations where she could volunteer over weekends and donate clothes and books. She was surprised there weren’t many platforms that listed verified and geo-tagged charities across India.
- The HappieeSouls website was launched to enlist transparent, proven, geo-tagged NGOs with images and verified legal documents. It does not charge the NGOs to create their profiles on the platform, which works for most NGOs as a mini-website with details about their operations, focus areas and target audience.
22104. This Gurugram-based startup aims to help people manage their weight and stay fit
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Startups in Bharat
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- Asheesh Grewal launched MyHealthBuddy in 2017 to help people connect with lifestyle coaches and stay fit.
- The Gurugram-based startup provides personalised lifestyle coaching to help people maintain a healthy lifestyle, reduce weight, a good diet, and stay away from lifestyle diseases.
- The startup works on a five-point approach model where the “buddies” or the lifestyle coaches help the users with their diet plan, exercise plan, sleep quality, stress management, and habit formation.
22105. Tencent invests $62.8 million in Flipkart amid anti-China sentiment
Make in India / Atmanirbhar
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Investment in Bharat by companies of other countries
English
India
The Economic Times
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- Chinese gaming and social media giant Tencent has pumped $62.8 million into Flipkart's $1.2 billion investment round, according to regulatory filings made by the Walmart-owned ecommerce company in Singapore.
- The filings, sourced from Paper.vc, showed that Tencent owns about 4-.5.3% in Flipkart Pte, the online retailer's Singapore-based holding company.
- In July, Walmart led a $1.2 billion investment in Flipkart's commerce business, valuing it at $24.9 billion. The retail behemoth already owns around 80% stake in the Bengaluru-based ecommerce firm.
22106. Latest News | LSV Capital Earmarks USD 70 Mn for Indian Start-ups, Opens Local Office
Make in India / Atmanirbhar
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Investment in Bharat by companies of other countries
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India
Latestly
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- The UK-based Life Science Vision Capital on Friday said it has earmarked USD 70 million initially for investment in digital healthcare and life science start-ups. The company also set up its first office in Bengaluru to have closer interaction with start-ups in the country.
- The company is looking to hire senior-level associates in life sciences to join the firm for its India office which will be operational by early-2021.
- LSV Capital has already been investing in India remotely since 2019. Earlier this year, the firm partnered with Aster DM Healthcare and Social Alpha to launch Xhealth Innovation Labs, a global digital healthcare and medtech accelerator.
22107. [The Turning Point] How these two entrepreneurs are saving the planet with their clean energy startup
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Startups in Bharat
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- Harshit Poddar and Anuvrat Saboo, both in their 20s, embarked on their entrepreneurial journey in 2017 and founded clean energy startup SafEarth.
- The Turning Point is a series of short articles that focuses on the moment when an entrepreneur hit upon their winning idea. Today, we look at Ranchi-based clean energy startup SafEarth started by Harshit Poddar and Anuvrat Saboo.
- “We felt that this industry needed a new, more customer-centric approach, and only then could it scale up and save the world. We decided that the only way to do that would be to build a company, which would operate as the world’s go-to clean energy platform that solves the problems consumers face when adopting clean power,” Harshit says.
22108. Exclusive: Drivezy Is Raising $30 Mn From Shell, Middle East Sovereign Fund
Make in India / Atmanirbhar
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Investment in Bharat by companies of other countries
English
India
Inc42
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- While Middle East sovereign fund is in the final stages of closing the deal, Shell Global has already closed it
- To date, Drivezy has raised $35 Mn in equity financing and $128 Mn in asset financing
- The company was also said to be in talks with Zoomcar for a merger
22109. This agritech startup aims to empower India’s 126M small farmers with technology and data
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Startups in Bharat
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- Agribazaar is a Delhi-NCR based agritech startup that connects farmers, traders, banks, enterprises, and governments.
- Founded in 2016 in Delhi-NCR, Agribazaar started by building an online platform to connect farmers, traders, banks, enterprises, and governments. In 2017, the team created an award-winning e-wallet — AgriPay — that has facilitated transactions of over $1 billion so far.
- Agribazaar has replicated the physical mandi to an electronic e-mandi aggregator mode. Once a farmer registers and uploads his produce, buyers like merchants, traders, and corporates can give orders for purchase. Once the deal is complete, the on-ground staff pick up the produce for delivery from the farmer’s choice of pick-up point to the buyer’s destination.
22110. This Noida-based video-sharing startup is helping content creators monetise their craft
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- Noida-based social media video-sharing startup Fun2 aims to celebrate the diversity of Indian culture, focusing on a content-first and creator-driven business philosophy.
- Inspired by this possibility, three friends — Sidhartha Rao, Manoj Bhanu, and Rahul Bhattacharya — started Fun2 in May 2020. The platform encourages people and communities to come together and showcase their diversity, trends, and creativity across many categories.
- Inspired by this possibility, three friends — Sidhartha Rao, Manoj Bhanu, and Rahul Bhattacharya — started Fun2 in May 2020. The platform encourages people and communities to come together and showcase their diversity, trends, and creativity across many categories.