# S T A R T U P M O N K
Kredent InfoEdge launches Kredent Money – Kolkata’s first goal-based financial planning app

 Kredent InfoEdge Pvt. Ltd, a leading financial technology company based out of Kolkata recently launched their goal-based financial planning app, Kredent Money, at a seminar here, focused on stock markets, organized by the company in association with investment brokerage firm, Motilal Oswal. The seminar was conducted by ace investor Ramesh Damani, which was followed by

10 Reasons Why You Should Apply for IIT-Bombay’s B-Plan Extravaganza, Eureka!

With the recent abolishment of angel tax and the government’s push to create more and more startups in the country with announcements such as the launch of a TV programme, easing FDI rules in sectors such as e-commerce, food delivery and grocery, and the impetus provided to cashless, digital payment systems and infrastructure along with

How can Intellectual Property (IP) creation fuel innovation and invention in India?

India's national IP Right's policy (IPR) came into existence in 2016. The aim of this policy is to guide and safeguard all creators and inventors and to realise the potential for generating, protecting and utilising IP which would contribute to wealth creation, employment generation and business development. It majorly focuses on fostering predictability, giving clarity

HRD Ministry looks to boost student entrepreneurship with first draft of policy

The HRD ministry on Thursday published the first draft of guidelines under the 'National Student and Faculty Startup Policy 2019' even as it looks to provide impetus to college startups and student entrepreneurship in the country. The higher education institutions  will have to develop pre-incubation and incubation centres on campus apart from a few other

Lendingkart COO Mukul Sachan steps down from company

Mukul Sachan, the co-founder and chief operating officer (COO) of digital lending startup Lendingkart, has resigned, the company confirmed yesterday. Sachan is leaving Lendingkart to pay attention to his interests in the investment management space. He has officially quit the startup and is now reaching out to investors as he plans to start a new venture.

Online fashion retailer StalkBuyLove faces cash crunch, defaults on payments

Kalaari-backed women-focused online retailer StalkBuyLove has been facing a financial crunch as it has gone out of cash. The company has also reportedly defaulted on payments to vendors, influencers and some customers, among others. The agitated influencers and vendors have taken to social media and expressed their anger at the company and its founders for

Ola to launch self-driving car rentals; starts pilot in Bengaluru

Betting on the futuristic technology of self-driving vehicles and transportation, homegrown cab aggregator  Ola is planning to expand horizontally and offer aligned services surrounded by the core services. Many companies such as Flipkart, Paytm, Ola etc., are now centered with multiple products and services being offered, even as Ola looks to score majority of the

With 10 unicorns and 7,000 startups in last 10 years, Delhi NCR races ahead in startup battle

The Delhi-NCR region is now the breeding ground  to more startups and unicorns, beating competition from the likes of Bengaluru and Mumbai. Delhi-NCR is the newest hot-spot for startups and unicorns in India.According to the the TiE-Zinnov report titled, ‘Turbocharging Delhi-NCR Start-up Ecosystem’ released on the 10th of September, 2019,a total of 7,039 startups  have

fampay-funding-sequoia
YC-backed Fampay looking to raise $8 million from Sequoia and Lightspeed Venture Partners

FamPay, a family-friendly digital payment app where parents can send money to their children just like they send a photo or text chat, andd which despite being not too well known is backed by Y Combinator and WeWork Labs, is in talks with VC firms Sequoia and Lightspeed Venture Partners is looking to raise $8

Vijay Shekhar Sharma invests in space-tech startup, Kawa Space

Due to the near 100% success of India’s Chandrayaan-2 mission, India’s space programmes have been making a name for themselves globally, and big investors in the country are now shifting towards space-tech startups.Vijay Shekhar Sharma, Founder and CEO of Paytm, India’s top digital payments firm, has invested an undisclosed amount in  Mumbai-based startup Kawa Space

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CIN- U74999DL2019PTC347107