Jan 29, 2018 - I B mulls social media hub to get feedback, mould perception

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk

Proposed safeguard duty on solar cells to increase tariffs to Rs 3.30/unit from lowest bid tariffs of Rs 2.44/unit
Around 3000 MW - 4000 MW of projects auctioned in 2017 to be impacted negatively.

Indian government's proposal to impose a 70% safeguard duty on solar cells and modules from China and Malaysia is likely to increase power tariffs to Rs 3.30 per kWh, an increase of 35% from the lowest bid value of Rs 2.44/kWh. The increase will have a negative impact on power producers who have signed low cost power purchase agreements and may further stall under-construction projects for which all the required solar panels were not imported. Experts believe around 3000 MW to 4000 MW of new capacity, auctioned in 2017 will be impacted due to the proposed safeguard duty as solar cells and modules account for 60% of the total project cost. Read More

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DigiGaon Programme Gives Herculean Push To Digitise 700 Indian Villages

Under the DigiGaon programme, the Centre will work to digitise 700 villages in the country by the year-end. This announcement was made by the minister of electronics and information technology Ravi Shankar Prasad.

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Today's TradeBriefs Cartoon

BetterPlace Raises $3 Mn To Find ‘Better Place’ For 450 Mn Indian Blue-Collar Workers In Corporate Sector

Bengaluru-based BetterPlace, an HRtech startup for blue-collar workforce, has raised $3 Mn in a Series A funding round led by 3one4 Capital. Existing investors including  Venture Highway and Unitus Ventures also participated in the round.

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HouseJoy Launches HouseJoy Assist Amid Setbacks Over Layoffs

Bengaluru-based hyperlocal startup Housejoy has laid off 40 employees amidst funding crunch, reports ETtech. The decision came in line with the startup’s strategy to shut down categories with low-profit margins such as specialised lifestyle and health services.

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In Partnership With Startup India, Netherlands To Set Up ‘Startup Link’

The Netherlands Minister for Foreign Trade and Development Cooperation, Sigrid Kaag is expected to launch Indo-Dutch Startup Link Digital Hub on May 25.

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Paytm Payments Bank Launches AshaKiran To Empower Rural Women

In a bid to encourage financial services in the rural area, Paytm Payments Bank has launched ‘Paytm AshaKiran’ to educate rural women about the financial services and create new employment opportunities across smaller towns and cities in India’s formal banking systems.

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Flipkart Bullish On Indian Furniture Industry, Adds ‘FurniSure’ Certification On Its Platform

As the Indian ecommerce market becomes a battleground for global giants viz Walmart, Amazon and Alibaba, the market is intense and full of speculations. A Citi research report has suggested that Amazon India could be valued at $16 Bn right now.

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Fintech Startup EarlySalary Acquires Consumer Lending Platform CashCare

Pune-based fintech startup EarlySalary has acquired CashCare, a consumer lending platform where short-term loans are provided on a real-time basis, for an undisclosed amount.

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Content Aggregator NewsDog Raises $50 Mn In Series C Funding

Developed in Hong Kong for India, content aggregator NewsDog has raised $50 Mn Series C funding in a round led by Tencent, in participation with DHVC, Legend Capital and Dotc United Group.

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Kalaari Capital And BeeNext Lead $7 Mn Funding In Micro Delivery Startup Milkbasket

Gurugram-based micro delivery startup Milkbasket has raised $7 Mn in Series A funding led by Kalaari Capital with participation from Singapore-based BeeNext.

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Raising Money: Why You Should Never Have A Data Room 

I’m about to offer you some fund-raising advice that flies directly in the face of what most conventional wisdom will tell you. If you stick through to the end I’m guessing I can persuade most of you. Let me start out with my premise: “Data rooms are where fund-raising processes go to die.”

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One Habit Will Make You A Successful Creative Or A Failed Founder

It’s not a fairy floss concept like “following your dreams” because to be honest with you, dreams aren’t worth a dime. It’s not about health, life, bio or anything else hacking.

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Why Prime Venture Partners Invested In Healthcare Startup mFine

It should have been a matter of time before healthcare, specifically delivery of healthcare, was disrupted by technology. But that hasn't happened. Thus, we first met Prasad Kompalli and Ashutosh Lawania, founders of mfine, with a healthy dose of scepticism.

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15 Mn Women In 150K Indian Villages Benefit With Google’s Internet Saathi Programme

In one such initiative to bring Indians across rural spaces online, Google initiated its Internet Saathi Programme in 2015. Google partnered with Tata Trusts and launched Internet Saathi to equip women in villages across India with basic digital literacy skills.

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Meet The 5 Startups from Brigade REAP’s Fourth Cohort

Brigade, under its tech-focused Real Estate Accelerator Programme (REAP), has announced the selection of final-five startups for its fourth Cohort.

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Mobile-first and Indian languages: discover the trends shaping Digital India

A summary of insights from influencers, historic data, research and survey on the trends emerging from India’s rapidly evolving digital economy.On its journey to become a trillion-dollar digital econo...

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PNB MetLife India Appoints Jack in the Box Worldwide for Social Media and Digital Creative Duties

Jack in the Box Worldwide, the digital agency of The 120 Media Collective, has won the social media management and digital campaigns communication duties of PNB MetLife, one of India's leading life insurance companies.

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Personal data misuse undermines 'Digital India' ambitions

Fraudulent use of misappropriated individual 'Aadhaar' numbers linked to bank fraud and other illegal activity

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