Digbijay Mishra

  • Amazon scales up accelerator for private labels

    Amazon scales up accelerator for private labels

    Amazon will have an option to acquire these brands at a mutually agreed pre-decided price. One of the riders by Amazon is also that these brands cannot be sold on any other marketplace globally, unless Amazon has given permission.

    WhatsApp can’t start payments business, RBI tells SC

    WhatsApp can’t start payments business, RBI tells SC

    NPCI manages UPI, which clocked over a billion transactions last month. The SC had recently asked RBI to update it on WhatsApp’s data localisation status. WhatsApp could be hit in its biggest mkt. This was RBI’s response dated November 6 to the SC as the apex court had asked it to update it on WhatsApp’s data localisation compliance status in August.

    Gig economy weighs impact of social security for workers

    Gig economy weighs impact of social security for workers

    The government has proposed changes which would ensure gig workers get life and disability cover, health and maternity benefits, old age protection and any other benefit it may determine as helpful. The benefits have not been clearly defined yet, which is making companies anxious as they fear their operational costs will jump.

    E-payments battle leads to $1 billion loss for top companies in FY19

    E-payments battle leads to $1 billion loss for top companies in FY19

    While a large part of the losses for these companies (Softbank-backed Paytm, Walmart-owned PhonePe and Amazon Pay) were driven by marketing and promotion spends, including cashbacks to customers, costs related to technology and employees were other significant contributors.

    Dunzo gets $45 million to fight Swiggy, Amazon

    Dunzo gets $45 million to fight Swiggy, Amazon

    After the fund-raise, the company has been valued at $180-200 million. Google, which made its first direct investment in Dunzo in 2018, has also participated in this round.

    Startup funding jumps 25% amid ‘bubble’ fear

    Startup funding jumps 25% amid ‘bubble’ fear

    The data increasingly indicates that the boom in financing is being led by midand late-stage rounds of over $50 million, and is now trickling down to even early-stage transactions.

    Internet companies team up to tackle e-fraud

    Internet companies team up to tackle e-fraud

    Seven leading internet companies are banding together to save their consumers from the rising menace of cyber frauds being carried out by duping innocent users, where the money is being siphoned off from their accounts.

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