12/07/2019 Newsletter

Industry News

 

The announcement of bringing a new National Education Policy to “transform India’s higher education system to one of the global best education systems,” according to the finance minister Nirmala Sitharaman, has been cherished by the players in India’s education sector. The government has proposed “major changes” in school and higher education apart from having improved governance systems and focus on research and innovation.
Read more on The Financial Express 

 

Funding News

 

Surface transport and logistics company Rivigo Services has raised $65 million (about Rs 445 crore) in its latest round of funding, which has been led by two of its existing investors – private equity firm Warburg Pincus and stage and sector-agnostic investor SAIF Partners.
Read more on ET Tech

 

Original4Sure (O4S), a supply chain platform that operates on a software-as-a-service model, has raised $2.1 million (Rs 14.35 crore at current exchange rates) in a pre-Series A funding from existing investor Venture Highway.
Read more on VC Circle

 

Other News

 

India’s top new age internet firms including Flipkart, Amazon and Snapdeal are in the process of submitting detailed reports to the ministry of commerce and industry, explaining their company structures and business operations in India.
Read more on ET Tech 

 

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This newsletter is a daily Funding/Investor/Startup News spotter that highlights the most recent stories and news from Delhi, India. We’re always on the lookout for more interesting news and insights, so feel free to share any you might have.