Yearly Archives: 2016


Amazon.in seems to be going gung-ho in trying to attract Indian customers to their Pantry and eCommerce offerings, trying to ward off Flipcart and other Indian ecommerce startups gaining a foothold. As of November 2016, Amazon is not just pushing eCommerce and online shopping but cashing-in on the public sentiment […]

eCommerce Review : Amazon Pantry, eCommerce payment in India



The United Nations Children’s Fund (UNICEF) announced its first portfolio of investments in open source technology solutions, including a South African startup that uses blockchain technology. UNICEF’s first portfolio of investments includes five startups including support for 9Needs from South Africa that uses blockchain and advances in identity technology to […]

UNICEF makes investment in a South African blockchain startup



As currency disappears, people are turning to online options, doubling downloads of payment apps. And kirana stores and investors alike now want to tie up with digital wallet startups When the management at payment service provider PayU discussed sales targets last month, the mood was somber. The sales executives needed […]

How digital payment cos are cashing in on demonetisation





Leading VC firms Kalaari Capital and Norwest Venture Partners have quietly made a US$2 million seed investment in a startup in stealth mode, according to Termsheet, an online platform for angel investing. The deal was done in May, but not publicized so far.   Photo credit: Lord Enfield The startup […]

Ex-Amazonian’s stealth startup gets $2 mn seed funding to disrupt ...


India: Payment firms account for 50% fintech startup buyouts in 2016 – Indian financial technology start-ups saw 12 acquisitions in 2016, according to a report published by the start-up tracker, Tracxn. Six of these were in mobile wallet and online payments segment, which includes PayU Payments Private Ltd’s acquisition of […]

DigitalStartup in #News : Week of Nov 13