Startup Saturday: Indian Start-ups are Attracting Global Celebrities & German FMCG Majors Takes a Dive in India

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  1. The latest to jump into the Indian start-up ecosystem is German FMCG major Henkel which has launched Henkel X, a collaboration platform for industry peers.
  2. Flipkart is now all set to give competition to Reliance. If reports are to be believed, the Walmart owned e-commerce giant is resorting to convenience stores for business expansion.
  3. Ola and Flipkart are looking to enter into the credit space. According to media reports, the Indian unicorns may launch credit cards in collaboration with SBI and Axis banks respectively.
  4. Celebrities from across the globe and fields are showing a keen interest in the Indian start-up ecosystem.  After cricket commenter Harsha Bhogle invested in fintech startup chqbook, Jennifer Lopez and Malaika Arora Khan also came on board as investors in fitness startup Sarva.

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