Vittoria Fund - OC and Oxbow Master Fund acquired 1,62,171 and 4,18,075 equity shares, respectively, in Amber at Rs 1,835.03 per share. Newport Asia Partners Fund and Newport Asia Institutional Fund bought 1,73,979 and 2,21,857 shares, respectively, at Rs 1,839.48 per share. … [Read more...] about Ascent Investment Holdings sells 10.45% stake in Amber Enterprises; promoter offloads 5% in Max Healthcare
Healthcare big data analytics
Before it was banned, CamScanner was a popular document scanning app, with more than 100 million downloads in India despite storing sensitive user data abroad and malware concerns. Now, an Indian startup wants to build a similar product but with a promise not to abuse users’ data. … [Read more...] about This Indian startup wants to be the new CamScanner, without abusing data. Will it work?
According to news reports, the company has a database of 24 lakh people which includes 10,000 Indians. These “foreign targets” include President Ram Nath Kovind, Prime Minister Narendra Modi, Congress interim President Sonia Gandhi, a number of chief ministers, union ministers, service chiefs and the Chief Justice of India (CJI) SA Bobde, among others. … [Read more...] about China’s ‘hybrid war’? President, PM Modi among thousands of Indians being ‘snooped’ on, claim reports
Aside from consumer internet, business-to-business and software startups have also seen a speedy recovery in some cases. “B2B and SaaS have actually held up pretty well. I thought business and recovery would be slow, but for many startups, both existing and new clients are coming in, payment cycles are on schedule and people are closing sales effectively on Zoom,” Doshi said. … [Read more...] about Excitement is back in startup world as venture capitalists return
Jain believes that the economic slowdown, shutting small scale businesses, uncertainties around income, rising unemployment, and pay cuts are the compelling reasons for people to consider an additional income option like direct selling during this pandemic. … [Read more...] about Pune-based direct seller clocks Rs 100 crore turnover in 100 days