Tuesday 15 January 2019

Fwd: 30 Swiggy Delivery Executives Arrested, Kerala Launches India’s Largest Startup Hub And More

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Swiggy Delivery Execs Clash With Hotel Empire Employees, 30 Arrested
Foodtech unicorn Swiggy came into the spotlight for the wrong reasons after some of its disgruntled delivery executives got involved in a skirmish with the staff of Bengaluru-based Empire Hotel and allegedly vandalised the latter’s property on Saturday.
 
 
Kerala has launched the country’s largest startup hub with a 1,000-seat capacity on January 13 in Kalamassery, Kochi. Named ‘Integrated Startup Complex,’ the facility is built to provide top quality infrastructure for incubation and acceleration for the state’s startups.
 
The Jammu & Kashmir Entrepreneurship Development Institute (JKEDI) along with Bari Brahmna Industrial Association (BBIA) is rooting to create an angel and venture capital network in the state. The two organisations held a meeting on Saturday (January 12) to further promote innovation-based startups in the State of Jammu and Kashmir under the J&K Startup Policy 2018.
 
Online payment and ecommerce platform Paytm is reportedly looking to foray into the video content space and plans to launch over-the-top (OTT) services. The company has also begun the hiring process for the service, according to media reports.
 
Last week, the National Association of Software and Services Companies (NASSCOM) successfully hosted the NASSCOM International SME Conclave. The event was aimed at understanding the latest innovations and exploring ideas to utilise their power in future. Without further delay, let us take a look at the startup events in the coming week. Mark your calendars!
 
 
Bio Lifesciences
 
The panellists during Inc42’s The Ecosystem Summit, held in New Delhi on November 16, discussed their experiences in assisting Indian startups to achieve their goals, the changes they have observed in the ecosystem, their views on the role of a mentor, and, most importantly, explored the unique relationship between startups and the enablers of the ecosystem.
 
Talwar said the US has been doing late-stage deals for 60-70 years now, and in comparison to that, the Indian startup ecosystem is just about 10 years old and has a lot to develop. “We are no were close to scratching the surface of what the venture community needs to develop and become,” said Talwar.
 
 
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