Monday Musings: Anand Mahindra's Hero Moment & Flipkart's Video KYC
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1. Anand Mahindra is having a hero moment. Twice in a week, the billionaire made the tweeple awe with his sweet tweets. While one praised an 11-year-old's idea to reduce noise pollution, the other lauded a teenager's spirit for galloping to school on a horse.
2. Indian startups are going all out. Look at Paytm for instance. The payments giant is planning to hire as many as 500 back-end technicians over the next 12 months to meet its target of earning INR 10,000 crore in business.
3. Walmart-owned Flipkart is all set to enter the lending space with video KYC. You heart that right. While RBI approval on the project is pending, the e-commerce giant has rolled out the program to 10,000 of its customers on a pilot basis.
4. Ending the bulletin on happy note, let's cheer up for good energy. An exciting international report has claimed that renewable energy now accounts for one-third of all global power capacity.Here's the "news that entrepreneurs can use". Know what's trending in the Indian business world in 60 seconds.