Connecting Businesses with Opportunities in India
Connecting Businesses with Opportunities in India

Worth Your Attention

Jan 10, 2018: According to World Bank, India will be the fastest growing economy in 2018 and will grow at 7.3%.

“In all likelihood, India is going to register higher growth rate than other major emerging market economies in the next decade. So, I wouldn’t focus on the short-term numbers. I would look at the big picture for India and big picture is telling us that it has enormous potential,” Ayhan Kose, director, development prospects group, World Bank.

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1) Freshworks Inc. (formerly Freshdesk) has launched its latest product, Freshchat, a new product for customer engagement on websites and apps

2) Power2SME has raised $36 Mn Series E funding

3) Tata Group is looking to enter into online grocery business under Starquik brand

4) Paytm, is reportedly in talks to acquire Bengaluru-based online travel company Via.com

5) Shortlist has secured $1 Mn in Seed funding

6) Airtel Payments Bank has bolstered its digital platform with the integration of UPI

7) ICUBESWIRE has announced a $3 Mn innovation fund to support the growing number of early stage startups in India

8) Codemojo is unveiling a borderless, easy to use, global rewards network to mobilise $360 Bn worth rewards points that go unredeemed each year

 

Keywords: india entrepreneurs, funding in India, doing business in India

Google launches Tez, a mobile payments app in India for both Android and Apple smartphones. With Tez, users can transfer money to each other and to buy goods from vendors.

It competes with PayTM, a popular local mobile wallet system PayTM, that has currently more than 200 million registered users in the country.

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