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Groww raises $83mn; Mumbai gets 24x7 e-commerce essential supplies

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Thu, Apr 8, 2021 05:57 AM

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Hi buddy ! Groww becomes the latest name to join the 2021 unicorn club after raising $83 million thr

Hi buddy ! Groww becomes the latest name to join the 2021 unicorn club after raising $83 million thro Groww raises $83mn; Mumbai gets 24x7 e-commerce essential supplies By [NextBigWhat]( • Issue #20 • [View online]( Hi buddy ! Groww becomes the latest name to join the 2021 unicorn club after raising $83 million through funding from Tiger Global. And on top of that, as per the recent sources, Twitter was in talks to acquire Clubhouse for $4 billion. The reports also said that Clubhouse reportedly decided to raise funds that valued the firm at $4 billion! Quite exciting ! #IndiaTech [Ashok Leyland plans to bring EVs To India from the UK through subsidiary]( [Ashok Leyland plans to bring EVs To India from the UK through subsidiary]( Switch Mobility Automotive will focus on the electric vehicle (EV) strategy in India, which forms part of its global entity. The second, OHM Global Mobility Private will focus on providing mobility as a service offering. [www.moneycontrol.com]( • [Share]( [RBI to soon let fintech firms process NEFT, RTGS transactions ]( [RBI to soon let fintech firms process NEFT, RTGS transactions]( Fintech companies such as Paytm, Visa, PhonePe and more will soon be able to process NEFT, RTGS payments. RBI aims to make mobile wallets compatible and let users withdraw cash at ATMs using digital wallets. [economictimes.indiatimes.com]( • [Share]( [Mumbai gets 24x7 e-commerce essential supplies, food delivery services ]( [Mumbai gets 24x7 e-commerce essential supplies, food delivery services]( The new directive from the Brihanmumbai Municipal Corporation (BMC) reversed a recent Maharashtra government’s order that restricted e-commerce delivery companies such as Swiggy and Zomato to stop their operations after 8pm amid rising COVID-19 cases within the state. [economictimes.indiatimes.com]( • [Share]( [Bharti Airtel launches Airtel 5G-ready internet of things (IoT) platform]( [Bharti Airtel launches Airtel 5G-ready internet of things (IoT) platform]( The platform lets enterprises with capability to connect and manage billions of devices and applications in a more safe and secured manner. [www.thehindu.com]( • [Share]( [Groww raises $83 million through funding from Tiger Global, now becomes a unicorn]( [Groww raises $83 million through funding from Tiger Global, now becomes a unicorn]( Online investment platform Groww will use the money raised from funding to expand its product services, hire quality talents, and invest in financial education and awareness. [economictimes.indiatimes.com]( • [Share]( #GlobalTech [Uber increases pay, spends $250 million to bring drivers back on the road despite the pandemic]( [Uber increases pay, spends $250 million to bring drivers back on the road despite the pandemic]( Uber is spending $250 million to persuade drivers to get back on the road despite the pandemic. Uber says the increased pay will not last longer. [www.businessinsider.in]( • [Share]( [Reports say Twitter was in talks to acquire Clubhouse for $4 billion]( [Reports say Twitter was in talks to acquire Clubhouse for $4 billion]( Reports stated that Twitter held talks with the live-audio social media app Clubhouse for $4 billion. The reports also said that Clubhouse reportedly decided to raise funds that valued the firm at $4 billion. [www.phonearena.com]( • [Share]( [Amazon CEO Jeff Bezos bags the World's richest title yet again as per Forbes's list of 2021 rich people]( [Amazon CEO Jeff Bezos bags the World's richest title yet again as per Forbes's list of 2021 rich people]( The wealth of the world’s richest people have also increased by $5 trillion in 2021, according to the list. Due to which, the prices of cryptocurrencies and stocks soared this year. [www.tnp.sg]( • [Share]( [Apple may implement privacy rules that may hurt Facebook's sales]( [Apple may implement privacy rules that may hurt Facebook's sales]( Apple stated that these rules will result in app developers seeking for user’s permission before the app tracks activities across other companies apps and website. [economictimes.indiatimes.com]( • [Share]( [UK brings a new regulator to maintain the field without the dominance of Tech Giants ]( [UK brings a new regulator to maintain the field without the dominance of Tech Giants]( The UK’s new regulator will keep a check on tech giants including Facebook, Google, and Apple. [tech.hindustantimes.com]( • [Share]( #IndiaBusines [OYO rejects bankruptcy reports after a supplier's $22,000 claim]( [OYO rejects bankruptcy reports after a supplier's $22,000 claim]( OYO founder Ritesh Agarwal said that his company initially disputed a supplier’s claim for 16 lakh, but paid the money ‘under protest’. [www.thehindu.com]( • [Share]( [SEBI imposes Rs 25 crore fine on Ambani brothers and other entities]( A total penalty of Rs 25 crore were proposed on Mukesh Ambani, Anil Ambani, other individuals, and entities for non-compliance with takeover norms in Reliance Industries case that took place in 2000. [www.freepressjournal.in]( • [Share]( [Govt issues over 1 lakh tax orders under faceless assessment schemes]( [Govt issues over 1 lakh tax orders under faceless assessment schemes]( Due to which, several taxpayers have not responded to the notices that were issued electronically. [economictimes.indiatimes.com]( • [Share]( [SC terms provisional attachment of assets on GST as “draconian, preemptive strike”]( [SC terms provisional attachment of assets on GST as “draconian, preemptive strike”]( Justice Chandrachud during the hearing said that the taxman should not see all “businesses as being fraudulent”. [www.financialexpress.com]( • [Share]( [RBI asks financial institutions to amend the policy to refund 'interest on interest' charged during the six-month moratorium]( [RBI asks financial institutions to amend the policy to refund 'interest on interest' charged during the six-month moratorium]( “The reliefs shall be applicable to all borrowers, including those who had availed of working capital facilities during the moratorium period, irrespective of whether moratorium had been fully or partially availed, or not availed,” said the circular. [www.financialexpress.com]( • [Share]( #Covid [Lockdown imposed in Chhattisgarh’s Raipur from April 9-19 amid the rising COVID-19 cases]( [Lockdown imposed in Chhattisgarh’s Raipur from April 9-19 amid the rising COVID-19 cases]( As on Tuesday, Raipur registered 76,427 COVID-19 cases, including 1,001 deaths. [www.hindustantimes.com]( • [Share]( [Centre proposes COVID-19 vaccination at workplace ]( [Centre proposes COVID-19 vaccination at workplace]( This move will help increase access of vaccines to people who are aged above 45 years. These centres will be launched across all the states and Union Territories as of April 11. [www.oneindia.com]( • [Share]( [Centre, states argue over supply of Covid-19 vaccines; States say they may face vaccine shortage soon]( [Centre, states argue over supply of Covid-19 vaccines; States say they may face vaccine shortage soon]( Maharashtra health minister Rajesh Tope said the state is only was left with 1.4 million doses, which would last only for three days. [www.msn.com]( • [Share]( Did you enjoy this issue? [NextBigWhat]( By [NextBigWhat]( Smartest News Headlines. Ever. [Tweet](    [Share]( If you don't want these updates anymore, please unsubscribe [here](. If you were forwarded this newsletter and you like it, you can subscribe [here](. 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