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Week Wrap Up: 2019 Starts on a Good Note for Indian Startups Stay tuned to get every day updates in 60 seconds

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2019 Looking Bright

Looking into 2019, we see plenty of job opportunities for Indian techies. From newly funded start-ups to unicorns like Zomato, Oyo and Swiggy plan to hire over 40,000 people in advanced areas of artificial intelligence, machine learning and more.

New Year Resolutions

The world is going global, why aren't you? The penetration of data has allowed businesses to tread into international boundaries without restraint. If your company is yet to join the league, the time is now.

Budgeting Tip

Are you often broke at end of the month? It's time to re-work your spending habits. Follow the 50/20/30 budgetary guide to categorizing your expenses well.

Amazon's Expansion

Amazon might have big plans for 2019. The e-commerce giant could benefit from expanding its portfolio of physical stores and whole foods grocery chain.

Funding Game

CarDekho opens 2019 with the mega fund of $110 million. The auto portal has raised Series C fund from existing investors Sequoia India, Hillhouse Capital, CapitalG and Axis Bank.

Oyo ESOP

While the entire world was celebrating the New Year, Oyo employees got ready for their own party. The hotel aggregator's board has approved its first Employee Stock Ownership Plan (ESOP) for 250 employees worth $7 million.

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Recur Club Announces Credit Offerings for Startups Beyond Series A and SMEs

In FY 24–25, the platform also plans to deploy an additional INR 2000 crores through its Recur Swift program for startups.

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Lightspeed Leads USD 40 Mn Series B Funding for SolarSquare

The company plans to use the fresh funding to expand its footprint to 50 cities, enhance its technology, hire talent, and strengthen its brand presence.

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growX Ventures Launches Fund II with a Target Corpus of INR 400 Cr

Fund II aims to target early-stage and growth-stage investments, backing 20–24 startups in deeptech sectors. It plans to deploy INR 10 crore in seed and INR 20–30 crore in Series B rounds.

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Multiples Private Equity Leads INR 1000 Cr Funding in Shubham Housing

With the raised funds, the Gurugram-based platform aims to propel its growth trajectory, diversifying its product offerings and strengthening its national footprint.

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India Moves Towards AI Regulation: IT Minister Highlights Need for Balanced Approach

Union Minister for Electronics and Information Technology, Ashwini Vaishnaw, emphasized the importance of addressing fake news while upholding freedom of speech