The Section 56(2)(viib) of the Income Tax Act — infamously dubbed as angel tax — allows the government to notify…

The post Angel Tax: Need An Aptly-Written Notification, Not An Ordinance, Says Siddarth Pai appeared first on Inc42 Media.

The Internet and Mobile Association of India (IAMAI), Broadband India Forum and the Asia Internet Coalition have opposed suggestions by…

The post OTT Companies, Internet Lobbies Oppose Regulation Demand By Telcos appeared first on Inc42 Media.

Gurugram-based automobile repair and service solution startup GoMechanic has reportedly raised $4 Mn – $4.9 Mn (INR 30-35 Cr) in…

The post Sequoia Leads Up to $4.9 Mn Funding In Automobile Service Startup GoMechanic appeared first on Inc42 Media.

Come February 1, 2018, India’s finance minister, Arun Jaitley, will present the Interim Budget 2019-2020 and pass a vote-on-account in…

The post Budget 2019: What Does The Indian Startup Ecosystem Want? appeared first on Inc42 Media.

FreshMenu Addresses Data Breach Of 2016 After Social Media Outrage

Bengaluru-based foodtech startup Foodvista India Private Limited, which runs FreshMenu, has raised $1.64 Mn (INR 11.7 Cr) in a Series…

The post Freshmenu Raises $1.64 Mn In Funding Round Led By Lightspeed Ventures appeared first on Inc42 Media.

Data science-based mutual fund investment platform Groww has raised $6.2 Mn in a Series A round of funding led by…

The post Sequoia India Invests $6.2 Mn In Fintech Startup Groww appeared first on Inc42 Media.

Foodtech Unicorn Zomato Crosses $1 Bn GMV With 23 Mn Orders In September’18

A boycott of food delivery players Swiggy and Zomato by the Gujarat Hotel and Restaurant Association is now well into its…

The post Ahmedabad Hotels Group’s Boycott Of Swiggy, Zomato Enters Second Week appeared first on Inc42 Media.

Proptech Startup BuildSupply Raises $3.5 Mn In Series A Funding Round

Online classifieds platform OLX is looking to reportedly double its sales team in 2019. The company has seen fast growth in…

The post OLX To Double Sales Team In 2019 To Bolster Real Estate Ops appeared first on Inc42 Media.

Google India elections

With just a few months to go for the largest election in the world, Google India has launched a slate…

The post Google Announces New Policy For Political Ads Ahead Of Indian Elections appeared first on Inc42 Media.

Uber’s decision to not quit the Indian market while it was offloading its business in South-East Asia last year seems…

The post Uber India’s Net Profit Up 39% For FY18 appeared first on Inc42 Media.

Car Marketplace Truebil Raises $14 Mn Series B Funding To Foray Across Geographies

Mumbai-based ecommerce platform for buying and selling used cars, Truebil, has raised INR 100 Cr ($14 Mn) in a mix…

The post Car Marketplace Truebil Raises $14 Mn Series B Funding For Expansion appeared first on Inc42 Media.

After months of speculations, Japanese conglomerate SoftBank has committed $395.7 Mn (INR 2,824 Cr) in a Series E round of…

The post SoftBank Commits $396 Mn To Firstcry In Series E Round appeared first on Inc42 Media.

agritech startup watchlist

This article is part of Inc42’s Startup Watchlist, an annual series in which we list the top startups to watch…

The post Startup Watchlist: 10 Agritech Startups To Look Out For In 2019 appeared first on Inc42 Media.

metro-bikes-raises-12-2-mn-in-series-a-funding-rebrands-to-bounce

Bounce, a bike and scooter rental platform has raised over $7 Mn in a Series B round. Chiratae Ventures, Accel…

The post Bike Sharing Startup Bounce Raises $7 Mn Led By Chiratae appeared first on Inc42 Media.

Delhi-based women community startup SHEROES has announced the acquisition of Bengaluru-based women health tracker Maya for an undisclosed amount. SHEROES…

The post SHEROES Acquires Women Health App Maya For An Undisclosed Amount appeared first on Inc42 Media.

Kalaari Capital, a early stage venture capital firm, has strengthened its leadership team in the lead up to it raising…

The post Kalaari Capital Strengthens Leadership Team, Adds 3 New Venture Partners appeared first on Inc42 Media.

Delhi-based early-stage consumer technology venture capital fund AdvantEdge Founders has announced its second fund, AdvantEdge Founders Fund II with a…

The post AdvantEdge Founders Launches $42 Mn Fund To Invest In Traveltech, Logistics Startups appeared first on Inc42 Media.

RBI Invites Comments On Draft Authorisation of New Retail Payment Systems

The Reserve Bank of India (RBI) has encouraged more retail payments companies to participate in India’s rapidly expanding fintech digital…

The post RBI Encourages More Payments Companies To Enter Country’s Fintech Market appeared first on Inc42 Media.

Mumbai-based POWERED accelerator has announced nine women entrepreneurs participating in its second cohort to develop their businesses and deliver access…

The post POWERED Accelerator Picks Nine Women-Led Startups In Energy Domain For Second Cohort appeared first on Inc42 Media.

Hyderabad-headquartered IT park developers Meenakshi Group has announced the launch of its venture fund, Meenakshi Multiples Startup Fund to invest…

The post Meenakshi Group Launches $10 Mn Startup Fund, Makes First Investment In iKeva appeared first on Inc42 Media.

Microsoft India To Empower Handloom Weavers With A Dedicated Ecommerce Platform

Microsoft India has launched a new ecommerce platform for handloom, re-weave.in, aimed at helping weavers connect to the buyers, as…

The post Microsoft India To Empower Handloom Weavers With A Dedicated Ecommerce Platform appeared first on Inc42 Media.

France’s data protection agency, the National Data Protection Commission (CNIL), on Monday announced a fine of €50 Mn ($57 Mn)…

The post France Fines Google $57 Mn Under New EU Data Law: Here’s Why appeared first on Inc42 Media.

Agritech Startup WayCool Looks To Expand South With $16.9 Mn Funding

Gastrotope, the agrifood startup accelerator founded by Taizo Son’s Mistletoe, Rajesh Sawhney, and Infobridge, has picked five startups for its…

The post Here Are The Five Agritech Startups Joining Gastrotope’s First Cohort appeared first on Inc42 Media.